The Risk Arbitrage Report for March 30, 2015

New Deals:

• Lexmark International Inc (LXK) to acquire Kofax Limited (KFX).
• Atlantic Capital Bancshares to acquire First Security Group Inc (FSGI).
• Hecla Mining Company (HL) to acquire Revett Mining Company Inc (RVM).
• Harvest International New Energy, Inc. to acquire Alter NRG Corp (NRG.TO).

Closed Deals:

• Insight Venture Partners completes acquisition of E2open Inc (EOPN).

Updated Deals:

• RR Donnelley & Sons Co (RRD) announces that the HSR waiting period has expired in planned merger with Courier Corporation (CRRC).
• SS and C Technologies Holdings (SSNC) withdraws and re-files HSR forms in merger with  Advent Software, Inc. (ADVS).
• Axis Capital Holdings Limited (AXS) receives early HSR termination in merger with Partnerre Ltd (PRE).
• Baker Hughes Incorporated (BHI) shareholders approve acquisition by Halliburton Company (HAL).
• Aviv REIT Inc (AVIV) shareholders approve acquisition by Omega Healthcare Investors Inc (OHI).

Merger Arbitrage Spreads Mar 30, 2015

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for March 23, 2015

New Deals:

• Microsemi Corporation (MSCC) to acquire Vitesse Semiconductor (VTSS).
• Leonard Green & Partners and TPG to acquire Life Time Fitness, Inc. (LTM).

Closed Deals:

• Actavis PLC (ACT) completes acquisition of Allergan, Inc. (AGN).
• Alimentation Couche-Tard (ATD-B.TO) completes acquisition of The Pantry, Inc. (PTRY).
• Becton, Dickinson and Co. (BDX) completes acquisition of CareFusion Corporation (CFN).

Updated Deals:

• Valeant Pharmaceuticals Intl (VRX) increases offer for Salix Pharmaceuticals, Ltd. (SLXP).

Merger Arbitrage Spreads Mar 23, 2015

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for March 16, 2015

New Deals:

• Alcoa Inc (AA) to acquire RTI International Metals, Inc. (RTI).
• TelecityGroup plc (TCY.L) to acquire InterXion Holding NV (INXN).
• Summitview Capital to acquire Integrated Silicon Solution, Inc (ISSI).
• Western Alliance Bancorporatio (WAL) to acquire Bridge Capital Holdings (BBNK).

Busted Deals:

• Dune Energy Inc (DUNR) terminates agreement with Eos Petro (EOPT).

Closed Deals:

• BC Partners completes acquisition of PetSmart, Inc. (PETM).
• Lattice Semiconductor (LSCC) completes acquisition of Silicon Image, Inc. (SIMG).
• Cypress Semiconductor Corporat (CY) completes acquisition of Spansion Inc. (CODE).
• Orgentec Diagnostika completes acquisition of Corgenix Medical Corporation (CONX).
• Ingredion Inc (INGR) completes acquisition of Penford Corporation (PENX).
• Banner Corporation (BANR) completes acquisition of Siuslaw Financial Group (SFGP).
• Vector Capital completes acquisition of Chyronhego Corp (CHYR).

Updated Deals:

• Allergan, Inc. (AGN) shareholders approve acquisition by Actavis PLC (ACT).
• Susquehanna Bancshares Inc (SUSQ) shareholders approve acquisition by BB&T Corporation (BBT) .
• The Pantry, Inc. (PTRY) shareholders approve acquisition by Alimentation Couche-Tard (ATD-B.TO).
• Journal Communications, Inc. (JRN) shareholders approve acquisition by E. W. Scripps Co (SSP).
• Valeant Pharmaceuticals Intl I (VRX) receives early HSR termination in merger with Salix Pharmaceuticals, Ltd. (SLXP).
• Rock-Tenn Company (RKT) announces that the HSR waiting period has expired in planned merger with MeadWestvaco Corp. (MWV).
• Alimentation Couche-Tard (ATD-B.TO) announces that the HSR waiting period has expired in planned merger with The Pantry, Inc. (PTRY).

Merger Arbitrage Spreads Mar 16, 2015

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for March 9, 2015

New Deals:

• AbbVie Inc (ABBV) to acquire Pharmacyclics, Inc. (PCYC). 
• Hewlett-Packard Company (HPQ) to acquire Aruba Networks, Inc. (ARUN).
• NXP Semiconductors NV (NXPI) to acquire Freescale Semiconductor Ltd (FSL).
• Mitel (MITL) to acquire Mavenir Systems Inc (MVNR).
• Oaktree Capital  to acquire Pulse Electronics Corp (PULS).
• PacWest Bancorp (PACW) to acquire Square 1 Financial Inc (SQBK).
• WSFS Financial Corporation (WSFS) to acquire Alliance Bancorp Inc of Pennsy (ALLB).
• Wintrust Financial Corp (WTFC) to acquire Community Financial Shares Inc (CFIS).
• Howard Bancorp Inc (HBMD) to acquire Patapsco Bancorp (PATD).

Closed Deals:

• RenaissanceRe Holdings Ltd. (RNR) completes acquisition of Platinum Underwriters Holdings (PTP).
• Vapor Corp., (VPCO) completes acquisition of Vaporin Inc (VAPO).
• Banco Santander, S.A. (ADR) (SAN) completes acquisition of Carfinco Financial Group  (CFN.TO).
• Mid Penn Bancorp, Inc. (MPB) completes acquisition of Phoenix Bancorp (PXBP).
• S & T Bancorp Inc (STBA) completes acquisition of Integrity Bancshares (ITBC).
• Peoples Bancorp Inc. (PEBO) completes acquisition of NB&T Financial Group, Inc. (NBTF).
• HomeStreet Inc (HMST) completes acquisition of Simplicity Bancorp Inc (SMPL).

Updated Deals:

• PetSmart, Inc. (PETM) shareholders approve acquisition by BC Partners.

Merger Arbitrage Spreads Mar 9, 2015

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for March 2, 2015

New Deals:

• Iberdrola USA to acquire UIL Holdings Corporation (UIL).
• Avago Technologies Ltd (AVGO) to acquire Emulex Corporation (ELX).
• Asahi Kasei Corp to acquire Polypore International, Inc. (PPO).
• New Residential Investment Cor (NRZ) to acquire Home Loan Servicing Solutions (HLSS).
• Community Bank System, Inc. (CBU) to acquire Oneida Financial Corp (ONFC).
• OceanFirst Financial Corp. (OCFC) to acquire Colonial American Bank (CBKX).

Closed Deals:

• AmerisourceBergen Corp. (ABC) completes acquisition of MWI Veterinary Supply, Inc. (MWIV).
• Targa Resources Partners LP (NGLS) acquisition of Atlas Pipeline Partners, L.P. (APL).
• Targa Resources Corp (TRGP) completes acquisition of Atlas Energy LP (ATLS).

Updated Deals:

• MaxLinear, Inc. (MXL) receives early HSR termination in merger with Entropic Communications, Inc. (ENTR).

Merger Arbitrage Spreads Mar 2, 2015

The latest stock merger arbitrage spreads: