The Risk Arbitrage Report for February 24, 2014

New Deals:

• Actavis PLC (ACT) to acquire Forest Laboratories, Inc. (FRX).
• Brookdale Senior Living, Inc. (BKD) to acquire Emeritus Corporation (ESC).
• Signet Jewelers Ltd. (SIG) to acquire Zale Corporation (ZLC).
• Management & TPG to acquire Chindex International, Inc. (CHDX).

Closed Deals:

• Emergent Biosolutions Inc (EBS) completes acquisition of Cangene Corp (CNJ.TO).
• Teva Pharmaceutical Industries (TEVA) completes acquisition of NuPathe Inc (PATH).
• TPG completes acquisition of Arden Group, Inc. (ARDNA).
• Sonus Networks, Inc. (SONS) completes acquisition of Performance Technologies (PTIX).
• Veritas Capital completes acquisition of Anaren, Inc. (ANEN).

Updated Deals:

• Management adjourned shareholder meeting to vote on merger with Yongye International, Inc (YONG) until Mar 5.

Merger Arbitrage Spreads Feb 24, 2014

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for February 17, 2014

New Deals:

• Comcast Corporation (CMCSA) to acquire Time Warner Cable Inc (TWC).
• AMEC plc (AMCBF) to acquire Foster Wheeler AG (FWLT).
• Grupo Bimbo to acquire Canada Bread Company (CBY.TO).
• Imerys to acquire AMCOL International Corporatio (ACO).
• Mallinckrodt PLC (MNK) to acquire Cadence Pharmaceuticals, Inc. (CADX).
• Microchip Technology Inc. (MCHP) to acquire Supertex, Inc. (SUPX).
• PhotoMedex Inc (PHMD) to acquire LCA-Vision Inc. (LCAV).
• First Interstate Bancsystem Inc. (FIBK) to acquire Mountain West Financial Corp. (MTWF).

Closed Deals:

• Apollo Global Management LLC (APO) completes acquisition of CEC Entertainment, Inc. (CEC).
• Southwire Company completes acquisition of Coleman Cable, Inc. (CCIX).
• Permira funds completes acquisition of Atrium Innovations (ATB.TO).
• Home Bancorp, Inc. (HBCP) completes acquisition of Britton & Koontz Capital Corp (BKBK).
• 1st Constitution Bancorp (FCCY) completes acquisition of Rumson-Fair Haven Bank (RFHB).
• F.N.B. Corp (FNB) completes acquisition of BCSB Bancorp Inc (BCSB).

Updated Deals:

• Management updates merger consideration in merger with Hallwood Group Incorporated (HWG).

Merger Arbitrage Spreads Feb 17, 2014

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for February 10, 2014

New Deals:

• Entegris Inc (ENTG) to acquire ATMI Inc (ATMI).
• American Financial Group (AFG) to acquire National Interstate Corporatio (NATL).
• Smith & Nephew plc (ADR) (SNN) to acquire ArthroCare Corporation (ARTC).
• Lilis Energy Inc (LLEX) to acquire Shoreline Energy (SEQ.TO).
• Novra Technologies, Inc to acquire Wegener Corporation (WGNR).

Closed Deals:

• Oracle Corporation (ORCL) completes acquisition of Responsys Inc (MKTG).
• Thermo Fisher Scientific Inc. (TMO) completes acquisition of Life Technologies Corp. (LIFE).
• Harland Clarke Holdings Corp completes acquisition of Valassis Communications, Inc. (VCI).
• American Realty Capital Properties (ARCP) completes acquisition of Cole Real Estate Investments (COLE).
• Nielsen Hldg NV (NLSN) completes acquisition of Harris Interactive Inc. (HPOL).
• Chiesi Farmaceutici S.p.A. completes acquisition of Cornerstone Therapeutics, Inc. (CRTX).
• Essilor International completes acquisition of Costa Inc (ATX).
• United Bankshares, Inc. (UBSI) completes acquisition of Virginia Commerce Bancorp, Inc (VCBI).
• Independence Bank completes acquisition of Premier Service Bank (PSBK).

Updated Deals:

• Anaren, Inc. (ANEN) shareholders approve acquisition by Veritas Capital.
• Tower Financial Corporation (TOFC) shareholders approve acquisition by Old National Bancorp (ONB).

Merger Arbitrage Spreads Feb 10, 2014

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for February 3, 2014

New Deals:

• Liberty Global PLC (LBTYA) to acquire Ziggo N.V (ZIGGO.AS).
• Martin Marietta Materials, Inc (MLM) to acquire Texas Industries, Inc. (TXI).
• Bank of Montreal (USA) (BMO) to acquire F&C Asset Management plc (FCAM.L).
• Dassault Systèmes (DSY.PA) to acquire Accelrys, Inc. (ACCL).
• Yadkin Financial Corp (YDKN) to acquire Vantagesouth Bancshares Inc (VSB).
• Management to acquire Ninetowns Internet Technlgy Gr (NINE).
• AltaPacific Bancorp (ABNK) to acquire Mission Oaks Bancorp (MOKB).

losed Deals:

• Community Health Systems (CYH) completes acquisition of Health Management Associates (HMA).
• Kroger Co.(KR) completes acquisition of Harris Teeter Supermarkets Inc (HTSI).
• RR Donnelley & Sons Co (RRD) completes acquisition of Consolidated Graphics, Inc. (CGX).
• Mitel Networks Corporation (MITL) completes acquisition of Aastra Technologies Limited (AAH.TO).
• American Industrial Partners completes acquisition of Flow International Corporation (FLOW).
• Engility Holdings Inc (EGL) completes acquisition of Dynamics Research Corporation (DRCO).
• Independence Bank completes acquisition of Premier Service Bank (PSBK).

Updated Deals:

• Emergent Biosolutions Inc (EBS) announces that the HSR waiting period has expired in planned merger with Cangene Corp (CNJ.TO).

Merger Arbitrage Spreads Feb 3, 2014

The latest stock merger arbitrage spreads: