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: