The Risk Arbitrage Report for May 11, 2015

New Deals:

• Apax Partners to acquire Quality Distribution Inc (QLTY).
• Microchip Technology Inc. (MCHP) to acquire Micrel, Incorporated (MCRL).
• Knowles Corp (KN) to acquire Audience Inc (ADNC).
• Ciena Corporation (CIEN) to acquire Cyan Inc (CYNI).
• Hua Capital, CITIC Capital, and GoldStone Investment Co to acquire OmniVision Technologies, Inc. (OVTI).
• Aurea to acquire Lyris Inc (LYRI).
• Crestwood Equity Partners LP (CEQP) to acquire Crestwood Midstream Partners (CMLP).
• Alexion Pharmaceuticals, Inc. (ALXN) to acquire Synageva Biopharma Corp (GEVA).
• Pitney Bowes Inc. (PBI) to acquire Borderfree Inc (BRDR).
• Francisco Partners to acquire Clicksoftware Technologies Ltd (CKSW).
• Capgemini to acquire IGATE Corp (IGTE).
• Pennantpark Floating Rate Capital (PFLT) to acquire MCG Capital Corp (MCGC).
• CECO Environmental Corp. (CECE) to acquire PMFG, Inc. (PMFG).
• Bank Of The Ozarks Inc (OZRK) to acquire Bank of the Carolinas Corporat (BCAR).

Closed Deals:

• Teva Pharmaceutical Industries (TEVA) completes acquisition of Auspex Pharmaceuticals Inc (ASPX).
• Repsol completes acquisition of Talisman Energy Inc. (USA) (TLM).
• Energy Transfer Partners LP (ETP) completes acquisition of Regency Energy Partners LP (RGP).
• Microsemi Corporation (MSCC) completes acquisition of Vitesse Semiconductor (VTSS).
• Avago Technologies Ltd (AVGO) completes acquisition of Emulex Corporation (ELX).
• Luna Innovations Incorporated (LUNA) completes acquisition of Advanced Photonix, Inc. (API).
• FUJIFILM Holdings Corp completes acquisition of Cellular Dynamics Internationa (ICEL).
• MaxLinear, Inc. (MXL) completes acquisition of Entropic Communications, Inc. (ENTR).
• Mitel (MITL) completes acquisition of Mavenir Systems Inc (MVNR).
• Horizon Pharma PLC (HZNP) completes acquisition of Hyperion Therapeutics Inc (HPTX).
• Putnam County Savings Bank completes acquisition of CMS Bancorp, Inc. (CMSB).
• Sandstorm Gold Ltd. (SSL.TO) completes acquisition of Gold Royalties Corp (GRO.V).
• LCNB Corp. (LCNB) completes acquisition of BNB Bancorp (BNBK).

Updated Deals:

• Horizon Pharma PLC (HZNP) announces that the HSR waiting period has expired in planned merger with Hyperion Therapeutics Inc (HPTX).
• Endurance Specialty Holdings L (ENH) receives early HSR termination in merger with Montpelier Re Holdings Ltd. (MRH).