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: