The Risk Arbitrage Report for June 25, 2012

New Deals:

• Sonus Networks Inc (SONS) to acquire Network Equipment Technologies Inc (NWK).
• UNICOM Systems, Inc. to acquire Network Engines Inc (NEI).
• Genesis HealthCare to acquire Sun Healthcare Group Inc (SUNH).
• The Winthrop Corporation to acquire National Patent Development Corp (NPDV).

Closed Deals:

• AstraZeneca  completes acquisition of Ardea Biosciences Inc (RDEA).

Updated Deals:

• Insight Venture Partners increases offer for Quest Software Inc (QSFT) to $25.75 from $23.
• Bluegreen Corp (BXG) shareholders approve acquisition by BFC Financial Corp (BFCF).
• eResearchTechnology Inc (ERT) shareholders approve acquisition by Genstar Capital LLC .

To Read:

• DealBook: Novel Maneuvers in Battle for Quest Software