Sunday, September 30, 2012

The Risk Arbitrage Report for Oct 1, 2012


Here is the last two weeks of deal news.  

New Deals:
  • Danaher Corp (DHR) to acquire IRIS International Inc (IRIS).
  • Medtronic Inc (MDT) to acquire China Kanghui Holdings (KH).
  • Tempur-Pedic International Inc (TPX) to acquire Sealy Corp (ZZ).
  • Cypress Semiconductor Corp (CY) to acquire Ramtron International Corp (RMTR).
  • BGI-Shenzhen to acquire Complete Genomics Inc (GNOM).
  • Nuance Communications Inc (NUAN) to acquire Ditech Networks Inc (DITC).
  • Digital River Inc (DRIV) to acquire LML Payment Systems Inc (LMLP).
  • Sidewinder Drilling Inc to acquire Union Drilling Inc (UDRL).
  • Aquiline Capital Partners LLC to acquire First Investors Financial Services Group Inc (FIFS).
  • Crescent Financial Bancshares Inc (CRFN) to acquire ECB Bancorp Inc (ECBE).
  • Columbia Banking System Inc (COLB) to acquire West Coast Bancorp (WCBO).
  • Management to acquire China Nuokang Bio Pharmaceutical Inc (NKBP).
 Closed Deals:
Updated Deals:
  • Markwins International Corp to acquire Physicians Formula Holdings Inc (FACE) which terminates the agreement with Swander Pace Capital.
  • SAP (SAP) announces that the HSR waiting period has been terminated in planned merger with Ariba Inc (ARBA).

Merger Arbitrage Spreads Oct 1, 2012

The latest stock merger arbitrage spreads:

Monday, September 17, 2012

The Risk Arbitrage Report for Sep 17, 2012




New Deals:
  • Thoma Bravo to acquire Mediware Information Systems Inc (MEDW).
  • FirstMerit Corp (FMER) to acquire Citizens Republic Bancorp Inc (CRBC).
  • Related Companies to acquire KSW Inc (KSW).
  • Old Line Bancshares Inc (OLBK) to acquire WSB Holdings Inc (WSB).

Merger Arbitrage Spreads Sep 17, 2012

The latest stock merger arbitrage spreads:

Sunday, September 9, 2012

The Risk Arbitrage Report for Sep 10, 2012


New Deals:
  • Valeant Pharmaceuticals International Inc (VRX) to acquire Medicis Pharmaceutical Corp (MRX).
  • Realty Income Corp (O) to acquire American Realty Capital Trust Inc (ARCT).
Closed Deals:
 Updated Deals:
  • Fidelity National Financial, Inc. (FNF) increases offer for J Alexander's Corp (JAX) to $14.50 from $13.

Merger Arbitrage Spreads Sep 10, 2012

The latest stock merger arbitrage spreads:

Sunday, September 2, 2012

The Risk Arbitrage Report for Sep 3, 2012



New Deals:
  • International Business Machines Corp (IBM) to acquire Kenexa Corp (KNXA).
  • M&T Bank Corp (MTB) to acquire Hudson City Bancorp Inc (HCBK).
  • First Reserve Corporation and SK Capital Partners to acquire TPC Group Inc (TPCG).
  • Thoma Bravo to acquire Deltek Inc (PROJ).
  • Enstar Group Ltd (ESGR) to acquire Seabright Holdings Inc (SBX).
  • Validus Holdings Ltd (VR) to acquire Flagstone Reinsurance Holdings SA (FSR).
Closed Deals:
  • Sonus Networks Inc (SONS) completes acquisition of Network Equipment Technologies Inc (NWK).
  • Melrose PLC completes acquisition of Elster Group SE (ELT).
Updated Deals:

Merger Arbitrage Spreads Sep 3, 2012

The latest stock merger arbitrage spreads: