Merger Arbitrage Spreads August 2, 2010

The latest stock merger arbitrage spreads:

Target	Ticker	Acquirer	Ticker	Current Price	Take Over Price	Price Diff	% Diff	Date Announced
Abraxis Bioscienc	ABII	Celgene Corporati	CELG	$75.29	$72.43	-2.86	-3.79%	6/30/2010
American Physicia	ACAP	The Doctors Company	--	$40.95	$41.50	0.55	1.34%	7/8/2010
AmeriCredit Corpo	ACF	General Motors	--	$24.11	$24.50	0.39	1.62%	7/22/2010
ADC Telecommunica	ADCT	Tyco Electronics	TEL	$12.73	$12.75	0.02	0.16%	7/13/2010
AMERICAN EXPLORAT	AEXP.OB	MAINLAND RESOURCE	MNLU.OB	$0.08	$0.14	0.06	71.88%	3/23/2010
American Oil & Ga	AEZ	Hess Corporation	HES	$7.32	$7.36	0.04	0.52%	7/28/2010
Alloy Inc.	ALOY	ZelnickMedia	--	$9.49	$9.80	0.31	3.27%	6/24/2010
ATC Technology Co	ATAC	GENCO Distribution System	--	$23.98	$25.00	1.02	4.25%	7/19/2010
Atlantic BancGrou	ATBC	Jacksonville Banc	JAXB	$2.31	$2.36	0.05	2.21%	5/10/2010
ATS Medical Inc.	ATSI	Medtronic Inc. Co	MDT	$4.00	$4.00	0.00	0.00%	4/29/2010
Allegheny Energy	AYE	FirstEnergy Corpo	FE	$22.80	$25.15	2.35	10.29%	2/11/2010
Buckeye GP Holdin	BGH	Buckeye Partners	BPL	$41.96	$44.75	2.79	6.64%	6/11/2010
Bowne & Co. Inc.	BNE	R.R. Donnelley &	RRD	$11.31	$11.50	0.19	1.68%	2/23/2010
BioSphere Medical	BSMD	Merit Medical Sys	MMSI	$4.35	$4.38	0.03	0.69%	5/13/2010
Continental Airli	CAL	UAL Corporation	UAUA	$25.02	$24.93	-0.09	-0.37%	5/3/2010
Central Jersey Ba	CJBK	Kearny Financial	KRNY	$7.32	$7.50	0.18	2.46%	5/25/2010
CPI International	CPII	Comtech Telecommu	CMTL	$14.07	$14.14	0.07	0.48%	5/10/2010
Care Investment T	CRE	TipTree	--	$8.92	$9.00	0.08	0.90%	3/16/2010
Cornell Correctio	CRN	Geo Group Inc (Th	GEO	$27.93	$28.05	0.12	0.44%	4/19/2010
DivX Inc.	DIVX	Sonic Solutions	SNIC	$7.61	$7.80	0.19	2.43%	6/2/2010
Dollar Thrifty Au	DTG	Hertz Global Hold	HTZ	$49.87	$40.27	-9.60	-19.24%	4/26/2010
Eclipsys Corporat	ECLP	Allscripts-Misys	MDRX	$19.71	$20.03	0.32	1.61%	6/9/2010
EFJohnson Technol	EFJI	Francisco Partners	--	$1.49	$1.50	0.01	0.67%	5/17/2010
Emmis Communicati	EMMS	Chairman & CEO	--	$1.96	$2.40	0.44	22.45%	5/25/2010
First Chester Cou	FCEC	Tower Bancorp Inc	TOBC	$8.85	$9.66	0.81	9.13%	12/28/2009
GLG Partners Inc	GLG	Man Group	--	$4.41	$4.50	0.09	2.04%	5/17/2010
Hewitt Associates	HEW	Aon Corporation C	AON	$49.10	$49.58	0.48	0.97%	7/12/2010
Health Grades In	HGRD	Vestar Capital Partners	--	$8.15	$8.20	0.05	0.61%	7/28/2010
LSB Corporation	LSBX	People's United F	PBCT	$20.79	$21.00	0.21	1.01%	7/15/2010
Maine & Maritimes	MAM	Emera	--	$44.60	$45.00	0.40	0.90%	3/12/2010
Mariner Energy I	ME	Apache Corporatio	APA	$23.89	$24.09	0.20	0.84%	4/15/2010
Micrus Endovascul	MEND	Johnson & Johnson	JNJ	$23.26	$23.40	0.14	0.60%	7/12/2010
Mirant Corp Commo	MIR	RRI Energy Inc.	RRI	$10.97	$11.20	0.23	2.08%	4/11/2010
NRG Energy Inc.	NRG	Exelon Corporatio	EXC	$22.68	$22.80	0.12	0.52%	10/19/2008
NBTY Inc. Common	NTY	Carlyle Group	--	$53.89	$55.00	1.11	2.06%	7/15/2010
Nymagic Inc. Com	NYM	ProSight Specialty Insurance	--	$25.50	$25.75	0.25	0.98%	7/15/2010
Odyssey Healthcar	ODSY	Gentiva Health Se	GTIV	$26.76	$27.00	0.24	0.90%	5/24/2010
OMNI Energy Servi	OMNI	Wellspring Capital Management	--	$2.69	$2.75	0.06	2.23%	6/4/2010
Phase Forward Inc	PFWD	Oracle Corporatio	ORCL	$16.80	$17.00	0.20	1.19%	4/16/2010
Pinnacle Gas Reso	PINN	Scotia Waterou	--	$0.32	$0.34	0.02	5.75%	2/24/2010
PMA Capital Corpo	PMACA	Old Republic Inte	ORI	$6.71	$6.88	0.17	2.54%	6/10/2010
PROGINET CORP	PRGF.OB	TIBCO Software I	TIBX	$1.13	$1.15	0.02	1.77%	6/22/2010
Portec Rail Produ	PRPX	L.B. Foster Compa	FSTR	$11.61	$11.71	0.10	0.86%	2/17/2010
Psychiatric Solut	PSYS	Universal Health	UHS	$33.14	$33.75	0.61	1.84%	5/17/2010
Qwest Communicati	Q	CenturyLink Inc.	CTL	$5.66	$5.93	0.27	4.72%	4/22/2010
Life Quotes Inc.	QUOT	LQ Acquisition	--	$3.98	$4.00	0.02	0.50%	6/10/2010
Sport Supply Grou	RBI	ONCAP Management Partners	--	$13.54	$13.55	0.01	0.07%	3/15/2010
RCN Corp.	RCNI	ABRY Partners	--	$14.94	$15.00	0.06	0.40%	3/5/2010
Rubio's Restauran	RUBO	Mill Road Capital	--	$8.66	$8.70	0.04	0.47%	5/10/2010
Smith Internation	SII	Schlumberger N.V.	SLB	$41.48	$41.56	0.08	0.19%	2/22/2010
Smithtown Bancorp	SMTB	People's United F	PBCT	$4.00	$3.98	-0.02	-0.52%	7/15/2010
Sinoenergy Corpor	SNEN	Company's chairman and president	--	$1.75	$1.90	0.15	8.57%	10/12/2009
Southern Connecti	SSE	Naugatuck Valley	NVSL	$6.47	$7.25	0.78	12.06%	2/23/2010
ARGON ST Inc.	STST	Boeing Company (T	BA	$34.47	$34.50	0.03	0.09%	6/30/2010
Southwest Water C	SWWC	Long-Term Infrastructure Investor Group	--	$10.85	$11.00	0.15	1.38%	3/3/2010
Stanley Inc. Com	SXE	CGI Group Inc. C	GIB	$37.35	$37.50	0.15	0.40%	5/7/2010
Talecris Biothera	TLCR	GRIFOLS A	GRF.MC	$22.03	$24.48	2.45	11.13%	6/7/2010
The South Financi	TSFG	Toronto Dominion	TD	$0.28	$0.28	0.01	2.58%	5/17/2010
UNION NATL FINCL	UNNF.OB	Donegal Group In	DGICA	$7.45	$7.56	0.11	1.47%	4/20/2010
Pet DRx Corporati	VETS	VCA Antech Inc.	WOOF	$0.34	$0.34	0.01	1.49%	6/2/2010
Virage Logic Corp	VIRL	Synopsys Inc.	SNPS	$11.95	$12.00	0.05	0.42%	6/10/2010
Valeant Pharmaceu	VRX	Biovail Corporati	BVF	$56.32	$55.75	-0.57	-1.01%	6/21/2010
inVentiv Health	VTIV	Thomas H. Lee Partners	--	$25.94	$26.00	0.06	0.23%	5/6/2010
Boots and Coots	WEL	Halliburton Compa	HAL	$2.98	$3.00	0.02	0.67%	4/12/2010
Williams Pipeline	WMZ	Williams Partners	WPZ	$34.43	$35.14	0.71	2.07%	5/24/2010