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:

• Spectrum Pharmaceuticals Inc (SPPI) announces FTC Clears transaction with Allos Therapeutics Inc (ALTH).
• Interline Brands Inc (IBI) shareholders approve acquisition by GS Capital Partners.
• Ariba Inc (ARBA) shareholders approve acquisition by SAP (SAP).