Sunday, December 28, 2014

The Risk Arbitrage Report for December 29, 2014

New Deals:
  • Caesars Entertainment Corp (CZR) to acquire Caesars Acquisition Company (CACQ).
  • Vision-Sciences, Inc. (VSCI) to acquire Uroplasty, Inc. (UPI).
  • Mobius Acquisition to acquire Peerless Systems Corp. (PRLS).
Closed Deals:
  • Koch Industries completes acquisition of Oplink Communications, Inc (OPLK).
  • Natixis Global Asset Management completes acquisition of NexGen Financial Corp (NFX.V).
  • Management completes acquisition of Pike Corp (PIKE).
Updated Deals:
  • Open Text Corp (OTEX) receives early HSR termination in merger with Actuate Corp (BIRT).
  • BioMarin Pharmaceutical Inc. (BMRN) announces that the HSR waiting period has expired in planned merger with Prosensa Holding NV (RNA).
  • Phoenix Bancorp (PXBP) shareholders approve acquisition by Mid Penn Bancorp, Inc. (MPB).

Merger Arbitrage Spreads Dec 29, 2014

The latest stock merger arbitrage spreads:

Sunday, December 21, 2014

The Risk Arbitrage Report for December 22, 2014

New Deals:
  • Thoma Bravo to acquire Riverbed Technology, Inc. (RVBD).
  • Royal Philips (PHG) to acquire Volcano Corporation (VOLC).
  • Alimentation Couche-Tard (ATD-B.TO) to acquire The Pantry, Inc. (PTRY).
  • Fortress Investment Group LLC (FIG) to acquire MicroFinancial Incorporated (MFI).
  • Vapor Corp., (VPCO) to acquire Vaporin Inc (VAPO).
  • Coeur Mining Inc (CDE) to acquire Paramount Gold and Silver Corp (PZG).
  • Bridge Bancorp, Inc. (BDGE) to acquire Community National Bank (CBNY).
  • Northwest Bancshares, Inc. (NWBI) to acquire LNB Bancorp Inc (LNBB).
Closed Deals:
  • Thoma Bravo completes acquisition of Compuware Corporation (CPWR).
  • Media General, Inc. (MEG) completes acquisition of LIN Media LLC (LIN).
  • Global Cash Access Holdings (GCA) completes acquisition of Multimedia Games Holding Company (MGAM).
  • Southside Bancshares, Inc. (SBSI) completes acquisition of OmniAmerican Bancorp, Inc. (OABC).
Updated Deals:
  • Viasystems Group, Inc. (VIAS) shareholders approve acquisition by TTM Technologies, Inc. (TTMI).
  • Trulia Inc (TRLA) shareholders approve acquisition by Zillow Inc (Z).
  • Laboratory Corp. of America Ho (LH) announces that the HSR waiting period has expired in planned merger with Covance Inc. (CVD).
  • First Financial Service Corp. (FFKY) shareholders approve acquisition by Community Bank Shares of India (CBIN).

Merger Arbitrage Spreads Dec 22, 2014

The latest stock merger arbitrage spreads:

Sunday, December 14, 2014

The Risk Arbitrage Report for December 15, 2014

New Deals:
  • BC Partners to acquire PetSmart, Inc. (PETM).
  • Merck & Co., Inc. (MRK) to acquire Cubist Pharmaceuticals Inc (CBST).
  • Norbord Inc (NBD.TO) to acquire Ainsworth Lumber Co (ANS.TO).
  • Renasant Corp. (RNST) to acquire Heritage Financial Group Inc (HBOS).
  • ESB Bancorp to acquire Citizens National Bancorp (CTZR).
Closed Deals:
  • Burger King Worldwide Inc (BKW) completes acquisition of Tim Hortons Inc. (THI).
  • Alliance Data Systems Corp (ADS) completes acquisition of Conversant Inc (CNVR).
  • Murata Manufacturing completes acquisition of Peregrine Semiconductor Corp (PSMI).
  • Whiting Petroleum Corp (WLL) completes acquisition of Kodiak Oil & Gas Corp (KOG).
  • Eastman Chemical Company (EMN) completes acquisition of Taminco Corp (TAM).
  • First Midwest Bancorp Inc (FMBI) completes acquisition of Great Lakes Financial Resources, Inc (GLFL).
  • Management completes acquisition of Sino Gas (SGAS).
Updated Deals:
  • Koch Industries receives early HSR termination in merger with Oplink Communications, Inc (OPLK).
  • Compuware Corporation (CPWR) shareholders approve acquisition by Thoma Bravo.
  • Tim Hortons Inc. (THI) shareholders approve acquisition by Burger King Worldwide Inc (BKW) .

Merger Arbitrage Spreads Dec 15, 2014

The latest stock merger arbitrage spreads:

Sunday, December 7, 2014

The Risk Arbitrage Report for December 8, 2014

New Deals:
  • NextEra Energy Inc (NEE) to acquire Hawaiian Electric Industries, (HE).
  • Cypress Semiconductor Corporat (CY) to acquire Spansion Inc. (CODE).
  • Otsuka  (OTSKY) to acquire Avanir Pharmaceuticals Inc (AVNR).
  • Open Text Corp (OTEX) to acquire Actuate Corp (BIRT).
Closed Deals:
  • SAP SE (ADR) (SAP) completes acquisition of Concur Technologies, Inc. (CNQR).
  • Vista Equity Partners completes acquisition of Tibco Software Inc. (TIBX).
  • Sphere 3D Corp (ANY) completes acquisition of Overland Storage Inc (OVRL).
  • Tiptree Financial Inc (TIPT) completes acquisition of Fortegra Financial Corp (FRF).
  • CU Bancorp (CUNB) completes acquisition of 1st Enterprise Bank (FENB).
  • Stratex Oil & Gas Holdings Inc (STTX) completes acquisition of Richfield Oil & Gas (ROIL).
Updated Deals:
  • Alliant Techsystems Inc. (ATK) receives HSR termination in merger with Orbital Sciences Corp (ORB).
  • CME Group Inc (CME) updates merger consideration in merger with GFI Group Inc. (GFIG).
  • Sigma-Aldrich Corporation (SIAL) shareholders approve acquisition by Merck KGaA .
  • Kodiak Oil & Gas Corp (KOG) shareholders approve acquisition by Whiting Petroleum Corp (WLL).
  • Franklin Financial Corp (FRNK) shareholders approve acquisition by TowneBank (TOWN).

Merger Arbitrage Spreads Dec 8, 2014

The latest stock merger arbitrage spreads:

Sunday, November 30, 2014

The Risk Arbitrage Report for December 1, 2014

New Deals:
  • RenaissanceRe Holdings Ltd. (RNR) to acquire Platinum Underwriters Holdings (PTP).
  • 3D Systems Corporation (DDD) to acquire Cimatron Ltd. (CIMT).
  • BCE Inc (BCE.TO) to acquire GLENTEL Inc (GLN.TO).
  • BioMarin Pharmaceutical Inc. (BMRN) to acquire Prosensa Holding NV (RNA).
Closed Deals:
  • Kinder Morgan Inc (KMI) completes acquisition of El Paso Pipeline Partners, L.P (EPB), Kinder Morgan Energy Partners (KMP), and Kinder Morgan Management, LLC (KMR).
  • Novacap TMT IV, L.P completes acquisition of Dialogic Inc (DLGC).
Updated Deals:
  • Overland Storage Inc (OVRL) shareholders approve acquisition by Sphere 3D Corp (ANY).

Merger Arbitrage Spreads Dec 1, 2014

The latest stock merger arbitrage spreads:

Sunday, November 23, 2014

The Risk Arbitrage Report for November 24, 2014

New Deals:
  • Actavis PLC (ACT) to acquire Allergan, Inc. (AGN).
  • Halliburton Company (HAL) to acquire Baker Hughes Incorporated (BHI).
  • Koch Industries to acquire Oplink Communications, Inc (OPLK).
  • BNC Bancorp (BNCN) to acquire Valley Financial Corp. Virgini (VYFC).
  • Vector Capital to acquire Chyronhego Corp (CHYR).
Closed Deals:
  • Laboratory Corp. of America (LH) completes acquisition of LipoScience Inc (LPDX).
  • Scientific Games Corp (SGMS) completes acquisition of Bally Technologies Inc. (BYI).
  • Teledyne Technologies (TDY) completes acquisition of Bolt Technology Corp. (BOLT).
  • Actavis PLC (ACT) completes acquisition of Durata Therapeutics Inc (DRTX).
  • BreitBurn Energy Partners L.P. (BBEP) completes acquisition of QR Energy LP (QRE).
  • Shanghai Pudong Science and Technology Investment Co., Ltd. ("PDSTI") completes acquisition of Montage Technology Group Ltd (MONT).
  • Eastern Virginia Bankshares (EVBS) completes acquisition of Virginia Company Bank (VGNA).
Updated Deals:
  • TGC Industries  Inc (TGE) receives early HSR termination in merger with Dawson Geophysical Company (DWSN).
  • Bally Technologies Inc. (BYI) shareholders approve acquisition by Scientific Games Corp (SGMS).
  • Concur Technologies, Inc. (CNQR) shareholders approve acquisition by SAP SE (ADR) (SAP).
  • Endo International PLC (ENDP) receives early HSR termination in merger with Auxilium Pharmaceuticals, Inc. (AUXL).
  • Dresser-Rand Group Inc. (DRC) shareholders approve acquisition by Siemens AG (ADR) (SIEGY).
  • Becton, Dickinson and Co. (BDX) announces that the HSR waiting period has expired in planned merger with CareFusion Corporation (CFN).
  • SWS Group Inc (SWS) shareholders approve acquisition by Hilltop Holdings Inc. (HTH).

Merger Arbitrage Spreads Nov 24, 2014

The latest stock merger arbitrage spreads:

Monday, November 17, 2014

The Risk Arbitrage Report for November 17, 2014

New Deals:
  • Enterprise Products Partners L (EPD) to acquire Oiltanking Partners LP (OILT).
  • Matson Inc (MATX) to acquire Horizon Lines Inc (HRZL).
  • Bay Commercial Bank (BCML) to acquire Valley Community Bank (VCBC).
  • Kingspan Group plc and Ag Growth International to acquire Vicwest Inc (VIC.TO).
Busted Deals:
  • FNB Bancorp (FNBG) terminates agreement with Valley Community Bank  (VCBC).
Closed Deals:
  • News Corp (NWSA) completes acquisition of Move Inc. (MOVE).
  • AMEC plc (AMCBF) completes acquisition of Foster Wheeler AG (FWLT).
  • Encana Corporation (USA) (ECA) completes acquisition of Athlon Energy Inc (ATHL).
  • Daiichi Sankyo completes acquisition of Ambit Biosciences Corp (AMBI).

Merger Arbitrage Spreads Nov 17, 2014

The latest stock merger arbitrage spreads:

Sunday, November 9, 2014

The Risk Arbitrage Report for November 10, 2014



New Deals:
  • Laboratory Corp. of America Ho (LH) to acquire Covance Inc. (CVD).
  • Publicis Groupe (PUBGY) to acquire Sapient Corporation (SAPE).
  • Sterling Bancorp (STL) to acquire Hudson Valley Holding Corp. (HVB).
  • Lindsay Corporation (LNN) to acquire Elecsys Corp (ESYS).
  • EnerNOC, Inc. (ENOC) to acquire World Energy Solutions, Inc. (XWES).
  • Antofagasta PLC to acquire Duluth Metals Limited  (DM.TO).
  • Chemical Financial Corporation (CHFC) to acquire Monarch Community Bancorp, Inc (MCBF).
  • Berkshire Hills Bancorp, Inc. (BHLB) to acquire Hampden Bancorp, Inc. (HBNK).
Closed Deals:
  • JAB Holding Company completes acquisition of Einstein Noah Restaurant Group (BAGL).
  • BCE Inc. (BCE.TO) completes acquisition of Bell Aliant Inc. (BA.TO).
  • Omnitracs, LLC completes acquisition of XRS Corp (XRSC).
  • Eagle Bancorp, Inc. (EGBN) completes acquisition of Virginia Heritage Bank (VGBK).
  • Columbia Banking System Inc (COLB) completes acquisition of Intermountain Community Bancor (IMCB).
  • Valley National Bancorp (VLY) completes acquisition of 1st United Bancorp Inc (Florid (FUBC).
  • Old National Bancorp (ONB) completes acquisition of LSB Financial Corp. (LSBI).
Updated Deals:
  • International Rectifier Corp (IRF) shareholders approve acquisition by Infineon Technologies AG (ADR) (IFNNY).

Merger Arbitrage Spreads Nov 10, 2014

The latest stock merger arbitrage spreads:

Sunday, November 2, 2014

The Risk Arbitrage Report for November 3, 2014

New Deals:
  • Tornier NV (TRNX) to acquire Wright Medical Group Inc (WMGI).
  • Cutrale-Safra to acquire Chiquita Brands International (CQB).
  • Omega Healthcare Investors Inc (OHI) to acquire Aviv REIT Inc (AVIV).
  • Edens Investment Trust to acquire AmREIT Inc (AMRE).
  • Access Midstream Partners LP (ACMP) to acquire Williams Partners L.P. (WPZ).
  • WesBanco, Inc. (WSBC) to acquire ESB Financial Corporation (ESBF).
  • S & T Bancorp Inc (STBA) to acquire Integrity Bancshares (ITBC).
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Nov 3, 2014

The latest stock merger arbitrage spreads:

Sunday, October 26, 2014

The Risk Arbitrage Report for October 27, 2014

New Deals:
  • Siris Capital Group to acquire Digital River, Inc. (DRIV).
  • STERIS Corp (STE) to acquire Synergy Health plc (SYR.L).
  • Ingredion Inc (INGR) to acquire Penford Corporation (PENX).
  • Amtech Systems, Inc. (ASYS) to acquire BTU International, Inc. (BTUI).
  • Targa Resources Partners LP (NGLS) to acquire Atlas Pipeline Partners, L.P. (APL).
  • Targa Resources Corp (TRGP) to acquire Atlas Energy LP (ATLS).
  • Fortistar LLC to acquire Primary Energy Recycling Corp (PRI.TO).
  • Natixis Global Asset Management to acquire NexGen Financial Corp (NFX.V).
  • AmericanWest Bank to acquire Greater Sacramento Bancorp (GSCB).
  • Pacific Premier Bancorp, Inc. (PPBI) to acquire Independence Bank (IDPK).
Busted Deals:
Closed Deals:
Updated Deals:
  • Laboratory Corp. of America (LH) receives early HSR termination in merger with LipoScience Inc (LPDX).
  • JAB Holding Company receives early HSR termination in merger with Einstein Noah Restaurant Group (BAGL).

Merger Arbitrage Spreads Oct 27, 2014

The latest stock merger arbitrage spreads:

Sunday, October 12, 2014

The Risk Arbitrage Report for October 13, 2014



New Deals:
  • Kindred Healthcare, Inc. (KND) to acquire Gentiva Health Services, Inc. (GTIV).
  • Actavis PLC (ACT) to acquire Durata Therapeutics Inc (DRTX).
  • Auxilium Pharmaceuticals, Inc. (AUXL) agrees to be acquired by Endo International PLC (ENDP) and terminates deal with QLT Inc. (USA)  (QLTI).
  • TGC Industries  Inc (TGE) to acquire Dawson Geophysical Company (DWSN).
  • Novacap TMT IV, L.P to acquire Dialogic Inc (DLGC).
  • Knightsbridge Tankers Limited (VLCCF) to acquire Golden Ocean Group Limited  (GOGL.OL).
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Oct 13, 2014

The latest stock merger arbitrage spreads:

Sunday, October 5, 2014

The Risk Arbitrage Report for October 6, 2014

New Deals:
  • Becton, Dickinson and Co. (BDX) to acquire CareFusion Corporation (CFN).
  • Encana Corporation (USA) (ECA) to acquire Athlon Energy Inc (ATHL).
  • Vista Equity Partners to acquire Tibco Software Inc. (TIBX).
    • For background, Vista bought two software companies in 2013.  One transaction closed in 36 days and the other in 50 days.  
  • News Corp (NWSA) to acquire Move Inc. (MOVE).
  • JAB Holding Company to acquire Einstein Noah Restaurant Group (BAGL).
  • Pluspetrol Resources Corp to acquire Apco Oil and Gas International (APAGF).
  • HomeStreet Inc (HMST) to acquire Simplicity Bancorp Inc (SMPL).
  • BEO Bancorp (BEOB) to acquire Bank Reale (BKRL).
Busted Deals:
  • Salix Pharmaceuticals, Ltd. (SLXP) terminates agreement with Cosmo Pharmaceuticals S.p.A. (COPN.SW).
Closed Deals:

Merger Arbitrage Spreads Oct 6, 2014

The latest stock merger arbitrage spreads:

Sunday, September 28, 2014

The Risk Arbitrage Report for September 29, 2014

New Deals:
  • Merck KGaA to acquire Sigma-Aldrich Corporation (SIAL).
  • Siemens AG (ADR) (SIEGY) to acquire Dresser-Rand Group Inc. (DRC).
  • Daiichi Sankyo to acquire Ambit Biosciences Corp (AMBI).
  • Laboratory Corp. of America (LH) to acquire LipoScience Inc (LPDX).
  • TTM Technologies, Inc. (TTMI) to acquire Viasystems Group, Inc. (VIAS).
  • Putnam County Savings Bank to acquire CMS Bancorp, Inc. (CMSB).
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Sep 29, 2014

The latest stock merger arbitrage spreads:

Sunday, September 21, 2014

The Risk Arbitrage Report for September 22, 2014

New Deals:
  • ZF Friedrichshafen AG to acquire TRW Automotive Holdings Corp. (TRW).
  • SAP SE (ADR) (SAP) to acquire Concur Technologies, Inc. (CNQR).
  • Washington Prime Group (WPG) to acquire Glimcher Realty Trust (GRT).
  • Banco Santander, S.A. (ADR) (SAN) to acquire Carfinco Financial Group  (CFN.TO).
  • Eos Petro Inc (EOPT) to acquire Dune Energy Inc (DUNR).
Closed Deals:

Merger Arbitrage Spreads Sep 22, 2014

The latest stock merger arbitrage spreads:

Sunday, September 14, 2014

The Risk Arbitrage Report for September 15, 2014

New Deals:
  • Eastman Chemical Company (EMN) to acquire Taminco Corp (TAM).
  • Alliance Data Systems Corp (ADS) to acquire Conversant Inc (CNVR).
  • General Mills, Inc. (GIS) to acquire Annies Inc (BNNY).
  • Global Cash Access Holdings (GCA) to acquire Multimedia Games Holding Company (MGAM).
  • BB&T Corporation (BBT) to acquire Bank of Kentucky Financial Cor (BKYF).
  • Cape Bancorp, Inc. (CBNJ) to acquire Colonial Financial Services (COBK).
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Sep 15, 2014

The latest stock merger arbitrage spreads:

Sunday, September 7, 2014

The Risk Arbitrage Report for September 8, 2014

New Deals:
  • Teledyne Technologies (TDY) to acquire Bolt Technology Corp. (BOLT).
  • Thoma Bravo to acquire Compuware Corporation (CPWR).
  • Omnitracs, LLC to acquire XRS Corp (XRSC).
Closed Deals:
Updated Deals:
  • Zillow Inc (Z) received a second request for information under HSR in merger with  Trulia Inc (TRLA).
  • TriQuint Semiconductor (TQNT) shareholders approve acquisition by RF Micro Devices, Inc. (RFMD).

Merger Arbitrage Spreads Sep 8, 2014

The latest stock merger arbitrage spreads:

Monday, September 1, 2014

The Risk Arbitrage Report for September 1, 2014


New Deals:
  • Burger King Worldwide Inc (BKW) to acquire Tim Hortons Inc. (THI).
  • Fairfax Financial Holdings (FFH.TO) to acquire Pethealth Inc. (PTZ.TO).
  • Monomoy Capital Partners to acquire Cobra Electronics Corporation (COBR).
  • American National BankShares (AMNB) to acquire Mainstreet Bankshares Inc (MREE).
  • Orgentec Diagnostika to acquire Corgenix Medical Corporation (CONX).
  • Mid Penn Bancorp, Inc. (MPB) to acquire Phoenix Bancorp (PXBP).
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Sep 1, 2014

The latest stock merger arbitrage spreads:

Sunday, August 24, 2014

The Risk Arbitrage Report for August 25, 2014

New Deals:
  • Roche Holding Ltd. (ADR) (RHHBY) to acquire InterMune Inc (ITMN).
  • Infineon Technologies AG (ADR) (IFNNY) to acquire International Rectifier Corp (IRF).
  • Murata Manufacturing to acquire Peregrine Semiconductor Corp (PSMI).
Closed Deals:
Updated Deals:
  • Scientific Games Corp (SGMS) receives early HSR termination in merger with Bally Technologies Inc. (BYI).
  • Salix Pharmaceuticals, Ltd. (SLXP) receives early HSR termination in merger with Cosmo Pharmaceuticals S.p.A. (COPN.SW).
  • BreitBurn Energy Partners L.P. (BBEP) receives early HSR termination in merger with QR Energy LP (QRE).
  • OBA Financial Services Inc (OBAF) shareholders approve acquisition by F.N.B. Corp (FNB).

Merger Arbitrage Spreads Aug 25, 2014

The latest stock merger arbitrage spreads:

Sunday, August 17, 2014

The Risk Arbitrage Report for August 18, 2014


New Deals:
  • Tiptree Financial Inc (TIPT) to acquire Fortegra Financial Corp (FRF).
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Aug 18, 2014

The latest stock merger arbitrage spreads:

Sunday, August 10, 2014

The Risk Arbitrage Report for August 11, 2014

New Deals:
  • Kinder Morgan Inc (KMI) to acquire 
    • Kinder Morgan Energy Partners (KMP), 
    • Kinder Morgan Management, LLC (KMR), 
    • and  El Paso Pipeline Partners, L.P (EPB).
  • Management to acquire Pike Corp (PIKE).
  • Peoples Bancorp Inc. (PEBO) to acquire NB&T Financial Group, Inc. (NBTF).
  • Independent Bank Corp (INDB) to acquire Peoples Federal Bancshares (PEOP).
  • Banner Corporation (BANR) to acquire Siuslaw Financial Group (SFGP).
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Aug 11, 2014

The latest stock merger arbitrage spreads:

Sunday, August 3, 2014

The Risk Arbitrage Report for August 4, 2014

New Deals:
  • Scientific Games Corp (SGMS) to acquire Bally Technologies Inc. (BYI).
  • Zillow Inc (Z) to acquire Trulia Inc (TRLA).
  • Dollar Tree, Inc. (DLTR) to acquire Family Dollar Stores, Inc. (FDO).
  • E.W. Scripps Company, The (SSP) to acquire Journal Communications, Inc. (JRN) and spin-off newspapers.
  • CME Group Inc (CME) to acquire GFI Group Inc. (GFIG).
  • Bank Of The Ozarks Inc (OZRK) to acquire Intervest Bancshares Corp (IBCA).
Closed Deals:
Updated Deals:
  • Montage Technology Group Ltd (MONT) shareholders approve acquisition by Shanghai Pudong Science and Technology Investment Co., Ltd. ("PDSTI").

Merger Arbitrage Spreads Aug 4, 2014

The latest stock merger arbitrage spreads:

Sunday, July 27, 2014

The Risk Arbitrage Report for July 28, 2014


New Deals:
  • BreitBurn Energy Partners L.P. (BBEP) to acquire QR Energy LP (QRE).
  • BCE Inc. (BCE.TO) to acquire Bell Aliant Inc. (BA.TO).
  • TransForce Inc (TFI.TO) to acquire Contrans Group Inc. (CSS.TO).
  • Columbia Banking System Inc (COLB) to acquire Intermountain Community Bancor (IMCB).
  • Codorus Valley Bancorp, Inc. (CVLY) to acquire Madison Bancorp (MDSN).
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads July 28, 2014

The latest stock merger arbitrage spreads:

Sunday, July 20, 2014

The Risk Arbitrage Report for July 21, 2014

New Deals:
  • AbbVie Inc (ABBV) to acquire Shire PLC (ADR) (SHPG).
  • Reynolds American, Inc. (RAI) to acquire Lorillard Inc. (LO).
  • Albemarle Corporation (ALB) to acquire Rockwood Holdings, Inc. (ROC).
  • GTECH S.p.A. (GTKYY) to acquire International Game Technology (IGT).
  • Realogy Holdings Corp (RLGY) to acquire ZipRealty, Inc. (ZIPR).
  • Herman Miller, Inc. (MLHR) to acquire Design Within Reach (DWRI).
  • TowneBank (TOWN) to acquire Franklin Financial Corp (FRNK).
  • Sierra Bancorp (BSRR) to acquire Santa Clara Valley Bank (SCVE).
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads July 21, 2014

The latest stock merger arbitrage spreads:

Sunday, July 13, 2014

The Risk Arbitrage Report for July 14, 2014


New Deals:
  • Whiting Petroleum Corp (WLL) to acquire Kodiak Oil & Gas Corp (USA) (KOG).
  • AECOM Technology Corp (ACM) to acquire URS Corp (URS).
  • Salix Pharmaceuticals, Ltd. (SLXP) to acquire Cosmo Pharmaceuticals S.p.A. (COPN.SW).
  • First Midwest Bancorp Inc (FMBI) to acquire Great Lakes Financial Resources, Inc (GLFL).
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads July 14, 2014

The latest stock merger arbitrage spreads:

Sunday, July 6, 2014

The Risk Arbitrage Report for July 7, 2014

New Deals:
  • Finally Official: Tyson Foods, Inc. (TSN) to acquire Hillshire Brands Co (HSH).
  • Kroger Co., The (KR) to acquire Vitacost.com, Inc. (VITC).
  • Consolidated Communications Ho (CNSL) to acquire Enventis Corp (ENVE).
  • Vestis Retail Group to acquire Sport Chalet, Inc. (SPCHA/SPCHA).
Busted Deals:
Closed Deals:
Updated Deals:
  • Furiex Pharmaceuticals Inc (FURX) shareholders approve acquisition by Forest Laboratories, Inc. (FRX).

Merger Arbitrage Spreads July 7, 2014

The latest stock merger arbitrage spreads:

Sunday, June 29, 2014

The Risk Arbitrage Report for June 30, 2014

New Deals:
  • Oracle Corporation (ORCL) to acquire MICROS Systems, Inc. (MCRS).
  • Wisconsin Energy Corp (WEC) to acquire Integrys Energy Group, Inc. (TEG).
  • Avago Technologies Ltd (AVGO) to acquire PLX Technology, Inc. (PLXT).
  • Owens & Minor, Inc. (OMI) to acquire Medical Action Industries (MDCI).
  • QLT Inc. (USA) (QLTI) to acquire Auxilium Pharmaceuticals, Inc. (AUXL).
  • NIBE Industrier AB to acquire WaterFurnace Renewable Energy (WFI.TO).
  • HudBay Minerals (HBM) to acquire Augusta Resource Corp.  (AZC).
  • State Bank Financial Corp (STBZ) to acquire Georgia-Carolina Bancshares (GECR).
Closed Deals:
Updated Deals:
To Read:

Merger Arbitrage Spreads June 30, 2014

The latest stock merger arbitrage spreads:

Sunday, June 22, 2014

The Risk Arbitrage Report for June 23, 2014

New Deals:
  • SanDisk Corporation (SNDK) to acquire Fusion-IO, Inc. (FIO).
  • Level 3 Communications, Inc. (LVLT) to acquire TW Telecom Inc (TWTC).
  • TE Connectivity Ltd (TEL) to acquire Measurement Specialties, Inc. (MEAS).
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads June 23, 2014

The latest stock merger arbitrage spreads:

Sunday, June 15, 2014

The Risk Arbitrage Report for June 16, 2014

New Deals:
  • Medtronic, Inc. (MDT) to acquire Covidien plc (COV).
  • Priceline Group Inc (PCLN) to acquire OpenTable Inc (OPEN).
  • Merck & Co., Inc. (MRK) to acquire Idenix Pharmaceuticals Inc (IDIX).
  • Analog Devices, Inc. (ADI) to acquire Hittite Microwave Corp (HITT).
  • Verisae, Inc. to acquire ViryaNet Ltd. (VRYAF).
  • Shanghai Pudong Science and Technology Investment Co., Ltd. ("PDSTI") to acquire Montage Technology Group Ltd (MONT).
  • Eagle Bancorp, Inc. (EGBN) to acquire Virginia Heritage Bank (VGBK).
Busted Deals:
Closed Deals: