Sunday, November 21, 2010

Merger Arbitrage Spreads November 22, 2010

Profit from the latest stock merger arbitrage spreads:

Target Ticker Acquirer Ticker Current
Price
Take Over
Price
Price Diff % Diff Date
Announced
Deal Type
AirTran Holdings AAI Southwest Airline LUV $7.45 $7.75 0.30 4.03% 9/27/2010 C&S
American Commerci ACLI Platinum Equity -- $33.34 $33.00 -0.34 -1.02% 10/18/2010 Cash
ActivIdentity Cor ACTI ASSA ABLOY AB -- $3.25 $3.25 0.00 0.00% 10/12/2010 Cash
Alberto-Culver Co ACV Unilever PLC Comm UL $37.23 $37.50 0.27 0.73% 9/27/2010 Cash
A.D.A.M. Inc. ADAM Ebix Inc EBIX $6.44 $6.76 0.32 4.91% 8/30/2010 Stock
ADC Telecommunica ADCT Tyco Electronics  TEL $12.70 $12.75 0.05 0.39% 7/13/2010 Cash
AMERICAN EXPLORAT AEXP.OB MAINLAND RESOURCE MNLU.OB $0.0750 $0.0875 0.01 16.67% 3/23/2010 Stock
American Oil & Ga AEZ Hess Corporation  HES $9.66 $9.67 0.01 0.06% 7/28/2010 Stock
American Physicia AMPH Pro-Assurance Cor PRA $32.46 $32.50 0.04 0.12% 9/1/2010 Cash
Arbinet Corporati ARBX PRIMUS TELECOM GR PMUG.OB $7.10 $5.88 -1.22 -17.15% 11/11/2010 Stock
Art Technology Gr ARTG Oracle Corporatio ORCL $5.94 $6.00 0.06 1.01% 11/2/2010 Cash
Atlas Energy Inc ATLS Chevron Corporati CVX $43.58 $43.34 -0.24 -0.55% 11/9/2010 C&S
Allegheny Energy AYE FirstEnergy Corpo FE $23.55 $24.18 0.63 2.67% 2/11/2010 Stock
BANCINSURANCE CP BCIS.OB Insiders -- $8.25 $8.50 0.25 3.02% 8/12/2010 Cash
Buckeye GP Holdin BGH Buckeye Partners  BPL $47.07 $47.08 0.01 0.02% 6/11/2010 Stock
BAKBONE SOFTWARE  BKBO.OB Quest Software I QSFT $0.32 $0.33 0.01 4.43% 11/10/2010 Cash
Bowne & Co. Inc. BNE R.R. Donnelley &  RRD $11.37 $11.50 0.13 1.14% 2/23/2010 Cash
BIOTEL INC BTEL.OB CardioNet Inc. BEAT $3.80 $3.84 0.04 1.05% 11/10/2010 Cash
Bucyrus Internati BUCY Caterpillar Inc. CAT $89.20 $92.00 2.80 3.14% 11/15/2010 Cash
Cadence Financial CADE Community Bancorp -- $2.46 $2.50 0.04 1.63% 10/6/2010 Cash
CAPRIUS INC CAPI.PK Vintage Capital Group -- $0.0515 $0.0650 $0.0135 26.21% 11/11/2010 Cash
Comm Bancorp Inc CCBP F.N.B. Corporatio FNB $41.14 $41.99 0.85 2.06% 8/9/2010 C&S
COMFORCE Corp. Co CFS ARBY Partners -- $2.48 $2.50 0.02 0.81% 12/2/2010 Cash
CENTER FOR WOUND  CFWH.OB Sveric International -- $0.55 $0.57 0.02 4.04% 10/6/2010 Cash
Capital Gold Corp CGC Gammon Gold Inc.  GRS $4.33 $4.26 -0.07 -1.64% 10/7/2010 C&S
Central Jersey Ba CJBK Kearny Financial KRNY $7.49 $7.50 0.01 0.13% 5/25/2010 Cash
Clarient Inc. CLRT General Electric  GE $4.98 $5.00 0.02 0.40% 10/22/2010 Cash
Cellu Tissue Hold CLU Clearwater Paper  CLW $11.95 $12.00 0.05 0.42% 9/16/2010 Cash
Cogent Inc. COGT 3M Company Common MMM $10.50 $10.50 0.00 0.00% 8/30/2010 Cash
ALL AMERICAN GROU COHM.PK American Group Holding -- $0.2300 $0.2000 -0.03 -13.04% 11/8/2010 Cash
Crucell NV CRXL Johnson & Johnson JNJ $32.81 $34.03 1.22 3.71% 10/6/2010 Cash
Cardiac Science C CSCX Opto Circuits -- $2.28 $2.30 0.02 0.88% 10/19/2010 Cash
CommScope Inc. C CTV Carlyle Group -- $31.99 $31.50 -0.49 -1.53% 10/27/2010 Cash
Dynamex Inc. DDMX Greenbriar Equity Group -- $21.09 $21.25 0.16 0.76% 10/1/2010 Cash
Rewards Network  DINE Equity Group Investments -- $13.68 $13.75 0.07 0.51% 10/28/2010 Cash
Dynegy Inc. (Dela DYN The Blackstone Gr BX $5.11 $5.00 -0.11 -2.15% 8/13/2010 Cash
Enterprise GP Hol EPE Enterprise Produc EPD $63.98 $64.01 0.02 0.04% 9/7/2010 Stock
First Chester Cou FCEC Tower Bancorp Inc TOBC $6.14 $6.75 0.61 9.86% 12/28/2009 Stock
First Franklin Co FFHS Cheviot Financial CHEV $14.24 $14.50 0.26 1.83% 10/13/2010 Cash
FIRST IPSWICH BCP FIWC.OB Brookline Bancorp BRKL $7.80 $8.10 0.30 3.85% 10/27/2010 Cash
First Mercury Fin FMR FAIRFAX FINANCIAL FFH.TO $16.32 $16.50 0.18 1.10% 10/28/2010 Cash
FORT ORANGE FINAN FOFC.OB CHEMUNG FINANCIAL CHMG.OB $6.80 $7.63 0.83 12.25% 10/15/2010 C&S
Wilber Corporatio GIW Community Bank Sy CBU $9.33 $9.50 0.17 1.82% 10/25/2010 C&S
GTC BIOTHERAPEUTI GTCB.OB LFB Biotechnologies -- $0.34 $0.30 -0.04 -11.76% 11/8/2010 Cash
The Gymboree Corp GYMB Bain Capital Partners -- $65.31 $65.40 0.09 0.14% 10/12/2010 Cash
Henry Bros. Elect HBE Kratos Defense &  KTOS $8.44 $8.20 -0.24 -2.84% 10/6/2010 Cash
Hawk Corporation  HWK Carlisle Companie CSL $49.92 $50.00 0.08 0.16% 10/15/2010 Cash
Hypercom Corporat HYC Verifone Systems PAY $7.24 $7.78 0.54 7.41% 11/17/2010 Stock
L-1 Identity Solu ID Safran -- $11.80 $12.00 0.20 1.69% 9/20/2010 Cash
Internet Brands  INET Hellman & Friedman Capital Partners -- $13.31 $13.35 0.04 0.30% 9/20/2010 Cash
Isilon Systems I ISLN EMC Corporation C EMC $33.76 $33.85 0.09 0.27% 11/15/2010 Cash
ITC DELTACOM INC ITCD.OB EarthLink Inc. ELNK $2.95 $3.00 0.05 1.69% 10/1/2010 Cash
Keithley Instrume KEI Danaher Corporati DHR $21.56 $21.60 0.04 0.19% 9/28/2010 Cash
King Pharmaceutic KG Pfizer Inc. Comm PFE $14.13 $14.25 0.12 0.85% 10/12/2010 Cash
Ladish Co. Inc. LDSH Allegheny Technol ATI $46.17 $46.78 0.61 1.33% 11/17/2010 C&S
LSB Corporation LSBX People's United F PBCT $20.90 $21.00 0.10 0.48% 7/15/2010 Cash
LTX-Credence Corp LTXC Verigy Ltd. VRGY $7.61 $7.81 0.20 2.59% 11/18/2010 Stock
Majestic Capital MAJCD Bayside Capital Partners -- $4.25 $4.50 0.25 5.88% 9/21/2010 Cash
Maine & Maritimes MAM Emera -- $44.86 $45.00 0.14 0.31% 3/12/2010 Cash
Mediacom Communic MCCC CEO, Rocco B. Commisso -- $8.47 $8.75 0.28 3.31% 11/15/2010 Cash
MCAFEE Inc MFE Intel Corporation INTC $46.99 $48.00 1.01 2.15% 8/19/2010 Cash
Mirant Corp Commo MIR RRI Energy Inc.  RRI $10.49 $10.60 0.11 1.08% 4/11/2010 Stock
Monroe Bancorp MROE Old National Banc ONB $11.90 $12.72 0.82 6.93% 10/6/2010 Stock
NewAlliance Bancs NAL First Niagara Fin FNFG $13.25 $13.64 0.39 2.98% 8/19/2010 C&S
National Coal Cor NCOC Ranger Energy Investments -- $0.9902 $1.00 0.01 0.99% 9/28/2010 Cash
NightHawk Radiolo NHWK Virtual Radiologic -- $6.43 $6.50 0.07 1.09% 9/27/2010 Cash
NSTAR Common Stoc NST Northeast Utiliti NU $41.74 $41.24 -0.50 -1.21% 10/18/2010 Stock
Nu Horizons Elect NUHC Arrow Electronics ARW $6.96 $7.00 0.04 0.57% 9/20/2010 Cash
Nymagic Inc. Com NYM ProSight Specialty Insurance -- $25.73 $25.75 0.02 0.08% 7/15/2010 Cash
Occam Networks I OCNW Calix Inc Common CALX $7.46 $7.59 0.13 1.77% 9/16/2010 C&S
Optelecom-NKF In OPTC TKH Group -- $2.37 $2.45 0.08 3.38% 11/11/2010 Cash
OTIX Global Inc OTIX William Demant Holding -- $10.98 $11.01 0.03 0.27% 9/13/2010 Cash
PINNACLE GAS RES. PINN.PK Scotia Waterous -- $0.30 $0.34 0.04 13.33% 2/24/2010 Cash
Pennichuck Corpor PNNW City of Nashua -- $27.45 $29.00 1.55 5.65% 11/12/2010 Cash
POLYMER GRP CL A POLGA.OB Blackstone Capital Partners -- $16.36 $15.25 -1.11 -6.78% 10/4/2010 Cash
Portec Rail Produ PRPX L.B. Foster Compa FSTR $11.52 $11.80 0.28 2.43% 2/17/2010 Cash
Phoenix Technolog PTEC Marlin Equity Partners -- $4.18 $4.20 0.02 0.48% 8/17/2010 Cash
Penn Virginia GP  PVG Penn Virginia Res PVR $25.04 $26.88 1.84 7.35% 9/21/2010 Stock
Prospect Medical  PZZ Leonard Green & Partners -- $8.45 $8.50 0.05 0.59% 8/16/2010 Cash
Qwest Communicati Q CenturyLink Inc. CTL $6.93 $7.08 0.15 2.22% 4/22/2010 Stock
RAE Systems Inc C RAE Battery Ventures -- $1.63 $1.60 -0.03 -1.84% 9/20/2010 Cash
Rock of Ages Corp ROAC Swenson Granite -- $5.22 $5.25 0.03 0.57% 10/18/2010 Cash
Rome Bancorp Inc ROME Berkshire Hills B BHLB $11.10 $11.24 0.14 1.30% 10/12/2010 C&S
Res-Care Inc. RSCR ONEX CORPORATION  OCX.TO $13.26 $13.25 -0.01 -0.08% 9/7/2010 Cash
Smithtown Bancorp SMTB People's United F PBCT $3.77 $3.79 0.02 0.62% 7/15/2010 C&S
Student Loan Corp STU Discover Financia DFS $29.95 $30.00 0.05 0.17% 9/17/2010 Cash
Syniverse Holding SVR Carlyle Group -- $30.65 $31.00 0.35 1.14% 10/28/2010 Cash
TechTeam Global  TEAM Stefanini IT Solutions -- $8.31 $8.35 0.04 0.48% 11/2/2010 Cash
Thermadyne Holdin THMD Irving Place Capital -- $14.96 $15.00 0.04 0.27% 10/5/2010 Cash
Talecris Biothera TLCR GRIFOLS A GRF.MC $22.04 $25.16 3.12 14.17% 6/7/2010 C&S
T-3 Energy Servic TTES Robbins & Myers  RBN $34.48 $34.79 0.31 0.89% 10/6/2010 C&S
Microtune Inc. TUNE Zoran Corporation ZRAN $2.91 $2.92 0.01 0.34% 9/8/2010 Cash
Ulticom Inc. ULCM Platinum Equity -- $8.05 $8.07 0.02 0.25% 10/12/2010 Cash
UNION NATL FINCL  UNNF.OB Donegal Group In DGICA $7.80 $8.25 0.45 5.77% 4/20/2010 C&S
VCG Holding Corpo VCGH Insiders -- $2.18 $2.25 0.07 3.21% 11/10/2010 Cash
Wilmington Trust  WL M&T Bank Corporat MTB $4.23 $4.00 -0.23 -5.51% 11/1/2010 Stock

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