The Risk Arbitrage Report for May 31, 2010

New Deals:

• Gentiva Health (GTIV) to acquire Odyssey HealthCare (ODSY).
• Williams Partners (WPZ) to acquire rest of Williams Pipeline (WMZ).
• Kearny Financial (KRNY) to acquire Central Jersey Bancorp (CJBK).
• Chairman & CEO to acquire Emmis Communication (EMMS).

Completed Deals:

• Thoma Bravo completes acquisition of PLATO Learning (TUTR).
• SSI Investments completes acquisition of SkillSoft (SKIL).
• WowWee completes acquisition of Optimal Group (OPMR). 

Deal Updates:

• Southwest Water (SWWC) and Long-Term Infrastructure Investor Group get HSR clearance.
• Stanley Inc (SXE) and CGI Group (GIB) get HSR clearance.
• Dyncorp (DCAI) and Cerberus Capital get HSR clearance.
• Hertz (HTZ) files S-4 for Dollar Thrifty (DTG).
• RRI Energy (RRI) files S-4 for Mirant Corp (MIR).
• Tower Bancorp (TOBC) and First Chester (FCEC) push out anticipated completion to the third quarter as FCEC struggles with the process of restating last year's financial statements and receives notice of delisting from Nasdaq for delinquent filing.
• infoGROUP (IUSA) sets June 29 as shareholder meeting.
• RiskMetrics (RISK) and MSCI (MXB) announce shareholder approval. 
• Bowne & Co (BNE) announces shareholder approval.
• L.B. Foster (FSTR) extends tender until July 30 (from June 1) for Portec Rail (PRPX).