Sunday, January 26, 2014

The Risk Arbitrage Report for January 27, 2014

New Deals:
  • NuPathe Inc (PATH) agrees to be acquired by Teva Pharmaceutical Industries (TEVA) and terminates deal with Endo Health Solutions Inc  (ENDP).
  • Center Bancorp, Inc. (CNBC) to aquire ConnectOne Bancorp Inc (CNOB).
  • TriCo Bancshares (TCBK) to acquire North Valley Bancorp (NOVB).
  • Peoples Bancorp Inc. (PEBO) to acquire Midwest Bancshares (MDWE).
  • Hometrust Bancshares Inc (HTBI) to acquire Jefferson Bancshares Inc (JFBI).
  • New Western Energy Corp (NWTR) to acquire Legend Oil and Gas Ltd (LOGL).
Closed Deals:
Updated Deals:
  • Ticking fees start for Life Technologies (LIFE) which pays an additional $0.006246 a day starting Jan 14.  (Thanks to an astute reader for making us aware of this situation.)  
  • FTC approves Community Health Systems (CYH) bid for Health Management Associates I (HMA).
  • Cole Real Estate Investments (COLE) shareholders approve acquisition by American Realty Capital Properties (ARCP) .
  • Atrium Innovations (ATB.TO) shareholders approve acquisition by Permira funds.
To Read:

Merger Arbitrage Spreads Jan 27, 2014

The latest stock merger arbitrage spreads:

Monday, January 20, 2014

The Risk Arbitrage Report for January 20, 2014


New Deals:
  • Suntory Holdings Limited to acquire BEAM Inc (BEAM).
  • Apollo Global Management LLC (APO) to acquire CEC Entertainment, Inc. (CEC).
  • AMEC plc (AMCBF) to acquire Foster Wheeler AG (FWLT).
  • IBERIABANK Corporation (IBKC) to acquire Teche Holding Company (TSH).
  • NewQuest Capital Partners and management to acquire China Hydroelectric Corporatio (CHC).
  • TriSummit Bank to acquire Community National Bank (CNLA).
  • Bay Commercial Bank (BCML) to acquire Bank On It, Inc. (BKOT).
Closed Deals:
Updated Deals:
  • Kroger Co., The (KR) receives early HSR termination in merger with Harris Teeter Supermarkets Inc (HTSI).
  • Valeant Pharmaceuticals Intl I (VRX) announces that the HSR waiting period has expired in planned merger with Solta Medical Inc (SLTM).
  • Southwire Company announces that the HSR waiting period has expired in planned merger with Coleman Cable, Inc. (CCIX).
  • Engility Holdings Inc (EGL) receives early HSR termination in merger with Dynamics Research Corporation (DRCO).
  • CapitalSource, Inc. (CSE) shareholders approve acquisition by PacWest Bancorp (PACW).

Merger Arbitrage Spreads Jan 20, 2014

The latest stock merger arbitrage spreads:

Sunday, January 12, 2014

The Risk Arbitrage Report for January 13, 2014

New Deals:
  • XPO Logistics Inc (XPO) to acquire Pacer International, Inc. (PACR).
  • H.I.G. Capital, LLC  to acquire American Pacific Corporation (APFC).
  • Southern National Banc. of Virgina (SONA) to acquire Prince George's Federal Savings Bank (PCGO).
Closed Deals:
Updated Deals:
  • Health Management Associates I (HMA) shareholders approve acquisition by Community Health Systems (CYH).
  • Aastra Technologies Limited (AAH.TO) shareholders approve acquisition by Mitel Networks Corporation (MITL).
  • Britton & Koontz Capital Corp (BKBK) shareholders approve acquisition by Home Bancorp, Inc. (HBCP) .
  • Harland Clarke Holdings Corp receives early HSR termination in merger with Valassis Communications, Inc. (VCI).
  • Eldorado Resorts receives early HSR termination in merger with MTR Gaming Group, Inc. (MNTG).

Merger Arbitrage Spreads Jan 13, 2014

The latest stock merger arbitrage spreads:

Sunday, January 5, 2014

The Risk Arbitrage Report for January 6, 2014

New Deals:
  • Stryker Corporation (SYK) to acquire Patient Safety Technologies In (PSTX).
  • Management to acquire ChinaEdu Corporation (ADR) (CEDU).
Busted Deals:
Closed Deals:
Updated Deals:

Merger Arbitrage Spreads Jan 6, 2014

The latest stock merger arbitrage spreads: