The Risk Arbitrage Report for Jan 9, 2012

New Deals:

• Bristol-Myers Squibb Co (BMY) to acquire Inhibitex Inc (INHX).

Closed Deals:

• Brookline Bancorp Inc (BRKL) completes acquisition of Bancorp Rhode Island Inc (BARI).
• Investors Bancorp Inc (ISBC) completes acquisition of Brooklyn Federal Bancorp Inc (BFSB).

Updated Deals:

• Gilead Sciences Inc (GILD) receives early HSR termination in merger with Pharmasset Inc (VRUS).
• International Business Machines Corp (IBM) receives early HSR termination in merger with DemandTec Inc (DMAN).
• Costar Group Inc (CSGP) and LoopNet Inc (LOOP) agree to extend HSR waiting period to allow them to work out a consent order with FTC.
• Sonesta International Hotels Corp (SNSTA) shareholders approve acquisition by Hospitality Properties Trust (HPT) .

To Read:

• DealBook: On Wall Street, a Renewed Optimism for Deals