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: