Monday, December 26, 2011

The Risk Arbitrage Report for Dec 26, 2011

New Deals:
  • BI-LO, LLC to acquire Winn-Dixie Stores Inc (WINN).
  • Tokio Marine Holdings, Inc. to acquire Delphi Financial Group Inc (DFG).
  • Macquarie Infrastructure Partners II to acquire WCA Waste Corp (WCAA).
  • Perfumania Holdings Inc (PERF) to acquire Parlux Fragrances Inc (PARL).
  • Sandy Spring Bancorp Inc (SASR) to acquire Commercefirst Bancorp Inc (CMFB).
  • SCBT Financial Corp (SCBT) to acquire Peoples Bancorporation Inc (PBCE).
  • Essa Bancorp Inc (ESSA) to acquire First Star Bancorp Inc (FSSB).
  • Forsyth Baldwin, LLC to acquire Baldwin Technology Co Inc (BLD).
Busted Deals:
Closed Deals:
Updated Deals:
  • Alleghany Corp (Y) receives early HSR termination in merger with Transatlantic Holdings Inc (TRH).
  • Medco Health Solutions Inc (MHS) shareholders approve acquisition by Express Scripts Inc (ESRX) .
  • Berkshire Hills Bancorp Inc (BHLB) files S-4 in merger with Connecticut Bank And Trust Co (CTBC).
  • NBT Bancorp Inc (NBTB) files S-4 in merger with Hampshire First Bank (HFBN).
  • RightNow Technologies Inc (RNOW) shareholders approve acquisition by Oracle Corp (ORCL).
To Read:

Merger Arbitrage Spreads Dec 26, 2011

The latest stock merger arbitrage spreads:

Sunday, December 18, 2011

The Risk Arbitrage Report for Dec 19, 2011


Merry Christmas!

New Deals:
  • Baxter International Inc (BAX) to acquire Synovis Life Technologies Inc (SYNO).
  • Lam Research Corp (LRCX) to acquire Novellus Systems Inc (NVLS).
  • FUJIFILM Holdings Corp to acquire SonoSite Inc (SONO).
  • United Rentals Inc (URI) to acquire RSC Holdings Inc (RRR).
  • Tilman J. Fertitta to acquire Morton's Restaurant Group Inc (MRT).
Closed Deals:
Updated Deals:
  • General Dynamics Corp (GD) receives early HSR termination in merger with Force Protection Inc (FRPT).
To Read:

Merger Arbitrage Spreads Dec 19, 2011

The latest stock merger arbitrage spreads:

Sunday, December 11, 2011

The Risk Arbitrage Report for Dec 12, 2011

New Deals:
  • International Business Machines Corp (IBM) to acquire DemandTec Inc (DMAN).
  • Thoma Bravo, LLC to acquire Blue Coat Systems Inc (BCSI).
  • Beneficial Mutual Bancorp  Inc (BNCL) to acquire SE Financial Corp (Philadelphia) (SEFL).
  • Prosperity Bancshares Inc (PRSP) to acquire East Texas Financial Services Inc (FFBT).
Closed Deals:
Updated Deals:
  • Alleghany Corp (Y) files S-4 in merger with Transatlantic Holdings Inc (TRH).
  • Kinder Morgan Inc (KMI) received a second request for information under HSR in merger with  El Paso Corp (EP).
  • Oracle Corp (ORCL) received a second request for information under HSR in merger with  RightNow Technologies Inc (RNOW).
  • State Bancorp Inc (STBC) shareholders approve acquisition by Valley National Bancorp (VLY).
  • Laboratory Corporation of America Holdings (LH) receives early HSR termination in merger with Orchid Cellmark Inc (ORCH).
  • Temple Inland Inc (TIN) shareholders approve acquisition by International Paper Co (IP).
  • Southern Union Co (SUG) shareholders approve acquisition by Energy Transfer Equity LP (ETE).
To Read:

Merger Arbitrage Spreads Dec 12, 2011

The latest stock merger arbitrage spreads:

Sunday, December 4, 2011

The Risk Arbitrage Report for Dec 5, 2011

New Deals:
  • Synopsys Inc (SNPS) to acquire Magma Design Automation Inc (LAVA).
  • SAP AG (SAP) to acquire Successfactors Inc (SFSF).
Busted Deals:
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Dec 5, 2011

The latest stock merger arbitrage spreads:

Sunday, November 27, 2011

The Risk Arbitrage Report for Nov 28, 2011

New Deals:
  • Gilead Sciences Inc (GILD) to acquire Pharmasset Inc (VRUS).
  • Pearson plc to acquire Global Education & Technology Group Ltd (GEDU).
  • Alleghany Corp (Y) to acquire Transatlantic Holdings Inc (TRH).
  • Premium Lead Company Limited & New Era Investment Holding Ltd. to acquire Shanda Interactive Entertainment Ltd (SNDA).
Closed Deals:
Updated Deals:
To Read:

Merger Arbitrage Spreads Nov 28, 2011

The latest stock merger arbitrage spreads:

Monday, November 21, 2011

The Risk Arbitrage Report for Nov 21, 2011

New Deals:
  • BFC Financial Corp (BFCF) to acquire Bluegreen Corp (BXG).
  • NBT Bancorp Inc (NBTB) to acquire Hampshire First Bank (HFBN).
  • CTS Corp (CTS) to acquire Valpey Fisher Corp (VPF).
Busted Deals:
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Nov 21, 2011

The latest stock merger arbitrage spreads:

Sunday, November 13, 2011

The Risk Arbitrage Report for Nov 14, 2011

New Deals:
  • JLL Partners, Inc. to acquire American Dental Partners Inc (ADPI).
  • General Dynamics Corp (GD) to acquire Force Protection Inc (FRPT).
  • Siris Capital Group, LLC to acquire Tekelec (TKLC).
  • Avnet Inc (AVT) to acquire Pinnacle Data Systems  Inc (PNS).
  • Landry’s Inc. to acquire Mccormick And Schmick S Seafood Restaurants Inc (MSSR).
Closed Deals:
Updated Deals:
  • Statoil (STO) receives early HSR termination in merger with Brigham Exploration Co (BEXP).
  • Ares Management LLC and Canada Pension Plan Investment Board receives early HSR termination in merger with 99 Cents Only Stores (NDN).
To Read:

Merger Arbitrage Spreads Nov 14, 2011

The latest stock merger arbitrage spreads:

Sunday, November 6, 2011

The Risk Arbitrage Report for Nov 7, 2011

New Deals:
  • Presidio Inc. to acquire INX Inc (INXI).
  • Yahoo! Inc (YHOO) to acquire interCLICK Inc (ICLK).
  • Hospitality Properties Trust (HPT) to acquire Sonesta International Hotels Corp (SNSTA).
  • Kentucky First Federal Bancorp (KFFB) to acquire CKF Bancorp  Inc (CKFB).
Closed Deals:
Updated Deals:
  • Harbin Electric Inc (HRBN) shareholders approve acquisition by Tianfu Yang (Chairman & CEO).
  • Solutia Inc (SOA) announces that the HSR waiting period has expired in planned merger with Southwall Technologies Inc (SWTX).
  • Superior Energy Services Inc (SPN) files S-4 in merger with Complete Production Services Inc (CPX).

Merger Arbitrage Spreads Nov 4, 2011

The latest stock merger arbitrage spreads:

Sunday, October 30, 2011

The Risk Arbitrage Report for Oct 31, 2011

New Deals:
  • Oracle Corp (ORCL) to acquire RightNow Technologies Inc (RNOW).
  • CIGNA Corp (CI) to acquire Healthspring Inc (HS).
  • Novel Gain Holdings Limited and CACMG Acquisition, Inc. to acquire China Advanced Construction Materials Group Inc (CADC).
  • Cubist Pharmaceuticals Incorporated (CBST) to acquire Adolor Corp (ADLR).
  • Berkshire Hills Bancorp Inc (BHLB) to acquire Connecticut Bank And Trust Co (CTBC).
Busted Deals:
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Oct 31, 2011

The latest stock merger arbitrage spreads:

Sunday, October 23, 2011

The Risk Arbitrage Report for Oct 24, 2011

New Deals:
  • Inuvo  Inc (INUV) to acquire Vertro Inc (VTRO).
  • Roche (RHHBY) to acquire Anadys Pharmaceuticals Inc (ANDS).
  • Statoil (STO) to acquire Brigham Exploration Co (BEXP).
Busted Deals:
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Oct 24, 2011

The latest stock merger arbitrage spreads:

Sunday, October 16, 2011

The Risk Arbitrage Report for Oct 17, 2011

New Deals:
  • Superior Energy Services Inc (SPN) to acquire Complete Production Services Inc (CPX).
  • Ares Management LLC and Canada Pension Plan Investment Board to acquire 99 Cents Only Stores (NDN).
  • Arris Group Inc (ARRS) to acquire BigBand Networks Inc (BBND).
  • Kinder Morgan Inc (KMI) to acquire El Paso Corp (EP).
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Oct 17, 2011

The latest stock merger arbitrage spreads:

Sunday, October 9, 2011

The Risk Arbitrage Report for Oct 10, 2011

New Deals:
  • Aci Worldwide Inc (ACIW) to acquire S1 Corp (SONE).
  • The Carlyle Group and Hellman & Friedman to acquire Pharmaceutical Product Development Inc (PPDI).
  • Sbar’s, Inc. to acquire A.C. Moore Arts & Crafts Inc (ACMR).
  • Angelo, Gordon & Co to acquire C&D Technologies, Inc. (CHHP).
  • Solutia Inc (SOA) to acquire Southwall Technologies Inc (SWTX).
 Closed Deals:
Updated Deals:
  • Express Scripts  Inc (ESRX) files S-4 in merger with Medco Health Solutions Inc (MHS).
  • Teva Pharmaceutical Industries ADR Reptg One Ord Shs (TEVA) receives early HSR termination in merger with Cephalon Inc (CEPH).
To Read:

Merger Arbitrage Spreads Oct 10, 2011

The latest stock merger arbitrage spreads:

Sunday, October 2, 2011

The Risk Arbitrage Report for Oct 3, 2011

New Deals:
  • AT&T Inc (T) to acquire Superclick Inc (SPCK).
  • Nationwide Mutual Insurance Co to acquire Harleysville Group Inc (HGIC).
 Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Oct 3, 2011

The latest stock merger arbitrage spreads:

Sunday, September 25, 2011

The Risk Arbitrage Report for Sep 26, 2011

New Deals:
  • AgniCo Eagle Mines Ltd (AEM) to acquire Grayd Resource Co Rp (GYDRF).
  • Tunstall Healthcare Group Limited to acquire American Medical Alert Corp (AMAC).
  • United Technologies Corp (UTX) to acquire Goodrich Corp (GR).
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Sep 26, 2011

The latest stock merger arbitrage spreads:

Saturday, September 17, 2011

The Risk Arbitrage Report for Sep 19, 2011

New Deals:
  • Broadcom Corp (BRCM) to acquire Netlogic Microsystems Inc (NETL).
  • MacAndrews & Forbes Holdings Inc. to acquire M & F Worldwide Corp (MFW).
  • Technip to acquire Global Industries Ltd (GLBL).
  • GTCR Fund to acquire Fundtech Ltd (FNDT).
  • S & T Bancorp Inc (STBA) to acquire Mainline Bancorp PA (MNPA).
Busted Deals:
Closed Deals:
Updated Deals:
To Read:

Merger Arbitrage Spreads Sep 19, 2011

The latest stock merger arbitrage spreads:

Sunday, September 11, 2011

The Risk Arbitrage Report for Sep 12, 2011

New Deals:
  • International Paper Co (IP) to acquire Temple Inland Inc (TIN).
  • PerkinElmer Inc (PKI) to acquire Caliper Life Sciences Inc (CALP).
  • ACE Limited to acquire Penn Millers Holding Corp (PMIC).
  • Broadsoft  Inc (BSFT) to acquire iLinc Communications Inc (ILNC). (Anyone know the price of this one?)
 Closed Deals:
Updated Deals:
  • Dawson Geophysical Co (DWSN) receives early HSR termination in merger with Tgc Industries  Inc (TGE).
  • Bancorp Rhode Island Inc (BARI) shareholders approve acquisition by  Brookline Bancorp Inc (BRKL).
  • BJ's Wholesale Club Inc (BJ) shareholders approve acquisition by  Leonard Green & Partners.
  • Skyworks Solutions  Inc (SWKS) sends Advanced Analogic Technologies Inc (AATI) a formal notice of breach of the merger agreement.
  • Blackstone Capital Partners VI L.P. receives early HSR termination in merger with Emdeon Inc (EM).

Merger Arbitrage Spreads Sep 12, 2011

The latest stock merger arbitrage spreads:

Monday, September 5, 2011

The Risk Arbitrage Report for Sep 5, 2011

New Deals:
  • First PacTrust Bancorp Inc (FPTB) to acquire Beach Business Bank (BBBC).
  • The Gores Group, LLC to acquire Clark Holdings Inc (GLA).
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Sep 5, 2011

The latest stock merger arbitrage spreads:

Sunday, August 28, 2011

The Risk Arbitrage Report for Aug 29, 2011

  Closed Deals:
Updated Deals:
To Read:

Merger Arbitrage Spreads Aug 29, 2011

The latest stock merger arbitrage spreads:

Sunday, August 21, 2011

The Risk Arbitrage Report for Aug 22, 2011


New Deals:

  • Google Inc (GOOG) to acquire Motorola Mobility Holdings Inc (MMI).
  • Cardtronics Inc (CATM) to acquire Access to Money Inc (AEMI).
  • Permira Funds to acquire Renaissance Learning Inc (RLRN).
  • Investors Bancorp  Inc (ISBC) to acquire Brooklyn Federal Bancorp Inc (BFSB).
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Aug 22, 2011

The latest stock merger arbitrage spreads:

Sunday, August 14, 2011

The Risk Arbitrage Report for Aug 15, 2011

Closed Deals:
Updated Deals:
To Read:

Merger Arbitrage Spreads Aug 15, 2011

The latest stock merger arbitrage spreads:

Sunday, August 7, 2011

The Risk Arbitrage Report for Aug 8, 2011

New Deals:
  • Windstream Corp (WIN) to acquire PAETEC Holding Corp (PAET).
  • Blackstone Capital Partners VI L.P. to acquire Emdeon Inc (EM).
  • GTCR, LLC to acquire Global Traffic Network Inc (GNET).
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Aug 8, 2011

The latest stock merger arbitrage spreads:

Friday, July 29, 2011

The Risk Arbitrage Report for Aug 1, 2011

New Deals:
  • DryShips Inc (DRYS) to acquire Oceanfreight Inc (OCNFD).
  • Eagle Bancorp  Inc (EGBN) to acquire Alliance Bankshares Corp (ABVA).
  • Saga Group Limited to acquire Allied Healthcare International Inc (AHCI).
 Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Aug 1, 2011

The latest stock merger arbitrage spreads:

Sunday, July 24, 2011

The Risk Arbitrage Report for July 25, 2011

New Deals:
  • Amag Pharmaceuticals Inc (AMAG) to acquire Allos Therapeutics Inc (ALTH).
  • Ecolab Inc (ECL) to acquire Nalco Holding Co (NLC).
  • Pfizer Inc (PFE) to acquire Icagen Inc (ICGN).
  • Express Scripts  Inc (ESRX) to acquire Medco Health Solutions Inc (MHS).
  • Randstad Holding to acquire SFN Group Inc (SFN).
Closed Deals:
Updated Deals:
To Read:

Merger Arbitrage Spreads July 25, 2011

The latest stock merger arbitrage spreads:

Monday, July 18, 2011

The Risk Arbitrage Report for July 18, 2011

New Deals:
  • Gaz Métro Limited Partnership to acquire Central Vermont Public Service Corp (CV).
  • Vanguard Natural Resources LLC (VNR) to acquire Encore Energy Partners LP (ENP).
  • BHP Billiton ADR Reptg 2 Ord Shs (BHP) to acquire Petrohawk Energy Corp (HK).
  • ACF Industries Holding Corp to acquire Xo Hldg  Inc (XOHO).
  • Apax Partners & Canada Pension Plan Investment Board to acquire Kinetic Concepts Inc (KCI).
  • NCR Corp (NCR) to acquire Radiant Systems Inc (RADS).
  • Reser’s Fine Foods, Inc. to acquire Vaughan Foods Inc (FOOD).
  • Insiders to acquire Tiens Biotech Group (USA)  Inc (TBV).
  • Lonza Group Ltd to acquire Arch Chemicals Inc (ARJ).
  • James H. Desnick, M.D. to acquire Conmed Healthcare Management Inc (CONM).
Busted Deals:
  • Central Vermont Public Service Corp (CV) terminates agreement with Fortis Inc (FRTSF) and accepts offer from Gaz Métro Limited Partnership.
Closed Deals:
Updated Deals:
To Read:

Merger Arbitrage Spreads July 18, 2011

The latest stock merger arbitrage spreads:

Sunday, July 10, 2011

The Risk Arbitrage Report for July 11, 2011

New Deals:
  • National Oilwell VarCo  Inc (NOV) to acquire Ameron International Corp (AMN).
  • TPG Capital to acquire Immucor  Inc (BLUD).
  • One Equity Partners to acquire APAC Customer Services inc (APAC).
Closed Deals:
Updated Deals:
To Read: