The Risk Arbitrage Report for May 21, 2012

New Deals:

• Kelta, Inc. to acquire Tii Network Technologies Inc (TIII).
• Golf Town to acquire Golfsmith International Holdings Inc (GOLF).
• Park Sterling Corp (PSTB) to acquire Citizens South Banking Corp (CSBC).
• Management to acquire Pansoft Co Ltd (PSOF).
• Glendon Group, Inc. to acquire Bidz.Com Inc (BIDZ).

Closed Deals:

• Tokio Marine Holdings, Inc. completes acquisition of Delphi Financial Group Inc (DFG).
• ABB (ABB) completes acquisition of Thomas & Betts Corp (TNB).
• H.I.G. Capital, LLC completes acquisition of Comverge Inc (COMV).
• Randa Accessories completes acquisition of Swank Inc (SNKI).

Updated Deals:

• Viasystems Group Inc (VIAS) announces that the HSR waiting period has expired in planned merger with DDi Corp (DDIC).