The Risk Arbitrage Report for October 25, 2010

New Deals:

• Northeast Utilities (NU) to acquire NSTAR (NST).
• St. Jude Medical (STJ) to acquire AGA Medical (AGAM). 
• GE (GE) to acquire Clarient (CLRT).
• Platinum Equity to acquire American Commercial Lines (ACLI).
• Opto Circuits to acquire Cardiac Science (CSCX).
• Swenson Granite to acquire Rock of Ages (ROAC).

Completed Deals:

• 3G Capital completes acquisition of Burger King (BKC).
• HP (HPQ) completes acquisition of Arc Sight (ARST). 
• GENCO Distribution Systems completes acquisition of ATC Technology (ATAC).
• The Doctors Company completes acquisition of American Physicians (ACAP). 

Updated Deals:

• Tyco Electonics (TEL) extends tender offer for ADC Telecommunication (ADCT) until Nov 15. 
• R.R. Donnelley (RRD) and Bowne (BNE) extend the termination date to Jan 23, 2011 from Oct 23, 2010. 
• St. Jude Medical (STJ) files S-4 for AGA Medical (AGAM).
• Marlin Equipty Partners raises consideration for Phoenix Technologies to $4.05 from $3.85 to match the proposal from Gores Group. 
• Dynegy (DYN) responds to Seneca Capital.
• GN ReSound will not be submitting further proposals for Otix (OTIX). 
• HP (HPQ) completes tender offer for ArcSight (ARST).
• Synthetech (NZYM.OB) announces bankruptcy court approval of merger with W.R. Grace (GRA). 
• Penn Virginia Resources (PVR) files S-4 in merger with Penn Virginia GP (PVG).

To Read:

• DealBook: What Recent Deals May Say About M.&A.’s Future
• SmartMoney: A New Way to Invest in Mergers. 
• Can Merger Arbitrage Be Indexed?