Sunday, February 28, 2016

The Risk Arbitrage Report for Feb 29, 2016

New Deals:
  • Southern Co (SO) to acquire PowerSecure International, Inc (POWR).
  • MKS Instruments, Inc. (MKSI) to acquire Newport Corp (NEWP).
  • Brookfield Asset Management In (BAM) to acquire Rouse Properties Inc (RSE).
  • Apollo Commercial Real Estate (ARI) to acquire Apollo Residential Mortgage (AMTG).
  • NASB Financial, Inc. (NASB) to acquire Lexington B & L Financial Corp (LXMO).
Closed Deals:
  • Weyerhaeuser Co (WY) completes acquisition of Plum Creek Timber Co. Inc. (PCL).
  • Activision Blizzard, Inc. (ATVI) completes acquisition of King Digital Entertainment PLC (KING).
  • Mellanox Technologies, Ltd. (MLNX) completes acquisition of EZchip Semiconductor Ltd (EZCH).
  • Comtech Telecomm. Corp. (CMTL) completes acquisition of TeleCommunication Systems, Inc (TSYS).
Updated Deals:

Merger Arbitrage Spreads Feb 29, 2016

The latest stock merger arbitrage spreads:

Sunday, February 21, 2016

The Risk Arbitrage Report for Feb 22, 2016


New Deals:
  • Apollo Global Management LLC (APO) to acquire ADT Corp (ADT).
  • Lakeland Bancorp, Inc. (LBAI) to acquire Harmony Bank (HRMB).
Closed Deals:
  • Targa Resources Corp (TRGP) completes acquisition of Targa Resources Partners LP (NGLS).
  • F.N.B. Corp (FNB) completes acquisition of Metro Bancorp Inc (METR).
Updated Deals:

  • CalAmp Corp. (CAMP) receives early HSR termination in merger with LoJack Corporation (LOJN).
  • Acorda Therapeutics Inc (ACOR) announces that the HSR waiting period has expired in planned merger with Biotie Therapies (BITI).
  • Diebold Inc (DBD) receives early HSR termination in merger with Wincor Nixdorf (WNXDY).
  • KLA-Tencor Corp (KLAC) shareholders approve acquisition by Lam Research Corporation (LRCX).

Merger Arbitrage Spreads Feb 22, 2016

The latest stock merger arbitrage spreads:

Sunday, February 14, 2016

The Risk Arbitrage Report for Feb 15, 2016


New Deals:
  • Fortis Inc. (FTS.TO) to acquire ITC Holdings Corp. (ITC).
  • Algonquin Power & Utilities Corp (AQN.TO) to acquire Empire District Electric Co (EDE).
  • Mylan NV (MYL) to acquire Meda AB (MDABF).
  • Consortium (Vistria Group, Apollo Global, Najafi Companies) to acquire Apollo Education Group Inc (APOL).
  • Hampton Roads Bankshares, Inc. (HMPR) to acquire Xenith Bankshares Inc (XBKS).
  • Insight Venture Partners to acquire Diligent Corp (DLBDF).
  • Tahoe Resources (TAHO) to acquire Lake Shore Gold Corp (LSG.TO).
Closed Deals:
  • Endurance International Group (EIGI) completes acquisition of Constant Contact Inc (CTCT).
  • Astellas Pharma completes acquisition of Ocata Therapeutics Inc (OCAT).
Updated Deals:

Merger Arbitrage Spreads Feb 15, 2016

The latest stock merger arbitrage spreads:

Sunday, February 7, 2016

The Risk Arbitrage Report for Feb 8, 2016


New Deals:
  • Abbott Laboratories (ABT) to acquire Alere Inc (ALR).
  • ChemChina to acquire Syngenta AG (ADR) (SYT).
  • Lowe's Companies, Inc. (LOW) to acquire RONA inc. (RONAF).
  • VTech Holdings Limited to acquire LeapFrog Enterprises, Inc. (LF).
  • CalAmp Corp. (CAMP) to acquire LoJack Corporation (LOJN).
  • FormFactor, Inc. (FORM) to acquire Cascade Microtech, Inc. (CSCD).
  • Dominion Resources, Inc. (D) to acquire Questar Corporation (STR).
  • Management to acquire China Ming Yang Wind Power Gro (MY).
  • Management to acquire eLong, Inc. (ADR) (LONG).
  • Suzhou Dongshan Precision Manufacturing Co. to acquire Multi-Fineline Electronix, Inc (MFLX).
Closed Deals:
  • Icahn Enterprises LP (IEP) completes acquisition of Pep Boys - Manny Moe & Jack (PBY).
  • Avago Technologies Ltd (AVGO) completes acquisition of Broadcom Corporation (BRCM).
  • Nokia Corporation (ADR) (NOK) completes acquisition of Alcatel Lucent SA (ADR) (ALU).
  • Silver Lake Partners and Thoma Bravo, LLC completes acquisition of SolarWinds Inc (SWI).
  • Sumitomo Life completes acquisition of Symetra Financial Corporation (SYA).
  • POZEN Inc. (POZN) completes acquisition of Tribute Pharmaceuticals Canada (TBUFF).
  • Endologix, Inc. (ELGX) completes acquisition of Trivascular Technologies Inc (TRIV).
  • Pacific Premier Bancorp, Inc. (PPBI) completes acquisition of Security California Bancorp (SCAF).
  • HomeStreet Inc (HMST) completes acquisition of Orange County Business Bank NA (OCBB).
Updated Deals:

Merger Arbitrage Spreads Feb 8, 2016

The latest stock merger arbitrage spreads: