The Risk Arbitrage Report for May 2, 2011

New Deals:

• Exelon Corp (EXC) to acquire Constellation Energy Group Inc (CEG).
• Golden Gate Capital to acquire Lawson Software Inc (LWSN). 
• CenturyLink Inc (CTL) to acquire SAVVIS Inc (SVVS).
• Costar Group Inc (CSGP) to acquire LoopNet Inc (LOOP).
• Toshiba Medical Systems Corp to acquire Vital Images Inc (VTAL).
• Enterprise Products Partners LP (EPD) to acquire Duncan Energy Partners LP (DEP).
• Valley National Bancorp (VLY) to acquire State Bancorp Inc (STBC).
• Silver Lake Partners to acquire SMART Modular Technologies Inc (SMOD). 
• FNB United Corp (FNBN) to acquire Bank of Granite Corp (GRAN).

Closed Deals:

• Attachmate Corp (Francisco Partners, Golden Gate Capital and Thoma Bravo) completes acquisition of Novell Inc (NOVL).
• Tomy Company completes acquisition of RC2 Corp (RCRC).

Updated Deals:

• Merck & Co Inc (MRK) announces that the HSR waiting period has expired in planned merger with Inspire Pharmaceuticals Inc (ISPH).
• The Charles Schwab Corp (SCHW) receives early HSR termination in merger with optionsXpress Holdings Inc (OXPS).
• Lextron and Leonard Green & Partners announces that the HSR waiting period has expired in planned merger with Animal Health International Inc (AHII).
• Accuray Incorporated (ARAY) announces that the HSR waiting period has expired in planned merger with TomoTherapy Inc (TOMO).
• Whitney Holding Corp (WTNY) shareholders approve acquisition by  Hancock Holding Co (HBHC).

To Read:

• DealBook: When Arbs Attack: The Battle Over Celera