Sunday, April 26, 2015

The Risk Arbitrage Report for April 27, 2015


New Deals:
  • Brookfield Asset Management (BAM) to acquire Associated Estates Realty Corp (AEC).
  • Vanguard Natural Resources, LLC (VNR) to acquire LRR Energy LP (LRE).
  • Arris Group Inc (ARRS) to acquire Pace plc (PIC.L).
  • Francisco Partners Management to acquire Procera Networks Inc (PKT).
  • Insiders to acquire Perfect World Co., Ltd. (ADR) (PWRD).
  • United Community Banks, Inc. (UCBI) to acquire Palmetto Bancshares Inc (PLMT).
  • Heritage Commerce Corp. (HTBK) to acquire Focus Business Bank (FCSB).
  • NovaCopper Inc. (NCQ) to acquire Sunward Resources Ltd. (SNWRF).
Busted Deals:
  • Comcast Corporation (CMCSA) terminates agreement with Time Warner Cable Inc (TWC).
Closed Deals:
  • Thoma Bravo completes acquisition of Riverbed Technology, Inc. (RVBD).
Updated Deals:

Merger Arbitrage Spreads Apr 27, 2015

The latest stock merger arbitrage spreads:

Sunday, April 19, 2015

The Risk Arbitrage Report for April 20, 2015

New Deals:
  • Nokia Corporation (NOK) to acquire Alcatel Lucent SA (ALU).
  • Webster Capital to acquire Dover Saddlery, Inc. (DOVR).
Closed Deals:
  • Oaktree Capital completes acquisition of Pulse Electronics Corp (PULS).
  • Berkshire Hills Bancorp, Inc. (BHLB) completes acquisition of Hampden Bancorp, Inc. (HBNK).
Updated Deals:

  • Leonard Green & Partners and TPG receives early HSR termination in merger with Life Time Fitness, Inc. (LTM).

Merger Arbitrage Spreads Apr 20, 2015

The latest stock merger arbitrage spreads:

Sunday, April 12, 2015

The Risk Arbitrage Report for April 13, 2015


New Deals:
  • Royal Dutch Shell (RDS-B) to acquire BG Group (BG.L).
  • Permira funds and Canada Pension Plan Investment Board to acquire Informatica Corporation (INFA).
  • FedEx Corporation (FDX) to acquire TNT Express N.V. (TNTEY).
  • Tesoro Logistics LP (TLLP) to acquire QEP Midstream Partners LP (QEPM).
  • New Mountain Capital to acquire Zep, Inc. (ZEP).
  • Genco Shipping & Trading Limit (GSKNF) to acquire Baltic Trading Ltd (BALT).
  • Infinera Corp. (INFN) to acquire Transmode (TRMO.ST).
Busted Deals:
  • New Residential Investment Cor (NRZ) terminates agreement with Home Loan Servicing Solutions (HLSS).
Closed Deals:
  • GTECH S.p.A. (GTKYY) completes acquisition of International Game Technology (IGT).
Updated Deals:

Merger Arbitrage Spreads Apr 13, 2015

The latest stock merger arbitrage spreads:

Sunday, April 5, 2015

The Risk Arbitrage Report for April 6, 2015


New Deals:
  • Teva Pharmaceutical Industries (TEVA) to acquire Auspex Pharmaceuticals Inc (ASPX).
  • Endurance Specialty Holdings L (ENH) to acquire Montpelier Re Holdings Ltd. (MRH).
  • UnitedHealth Group Inc. (UNH) to acquire Catamaran Corp (CTRX).
  • Fortune Brands Home & Security (FBHS) to acquire Norcraft Companies Inc (NCFT).
  • Horizon Pharma PLC (HZNP) to acquire Hyperion Therapeutics Inc (HPTX).
  • FUJIFILM Holdings Corp to acquire Cellular Dynamics Internationa (ICEL).
  • Insiders to acquire Shanda Games Limited(ADR) (GAME).
Closed Deals:
  • Valeant Pharmaceuticals (VRX) completes acquisition of Salix Pharmaceuticals, Ltd. (SLXP).
  • E. W. Scripps Co (SSP) completes acquisition of Journal Communications, Inc. (JRN).
  • Vector Capital completes acquisition of Saba (SABA).
  • Vision-Sciences, Inc. (VSCI) completes acquisition of Uroplasty, Inc. (UPI).
  • Knightsbridge Shipping Ltd (VLCCF) completes acquisition of Golden Ocean Group Limited  (GOGL.OL).
  • Norbord Inc (NBD.TO) completes acquisition of Ainsworth Lumber Co [$CDN] (ANS.TO).
  • Cape Bancorp, Inc. (CBNJ) completes acquisition of Colonial Financial Services (COBK).
  • Chemical Financial Corporation (CHFC) completes acquisition of Monarch Community Bancorp, Inc (MCBF).
Updated Deals:

Merger Arbitrage Spreads Apr 6, 2015

The latest stock merger arbitrage spreads: