Sunday, March 27, 2016

The Risk Arbitrage Report for Mar 28, 2016


New Deals:
  • Markit Ltd (MRKT) to acquire IHS Inc. (IHS).
  • BioTelemetry Inc (BEAT) to acquire VirtualScopics Inc (VSCP).
Closed Deals:
  • Exelon Corporation (EXC) completes acquisition of Pepco Holdings, Inc. (POM). 
  • Centene Corp (CNC) completes acquisition of Health Net, Inc. (HNT).
  • Rizvi Traverse Management completes acquisition of RealD (RLD).
  • Management completes acquisition of Global-Tech Advanced Innovatio (GAI).
Updated Deals:

  • Marriott International Inc (MAR) updates merger consideration in merger with Starwood Hotels & Resorts World (HOT).
  • Inland Real Estate Corporation (IRC) shareholders approve acquisition by DRA Advisors LLC.
  • First Niagara Financial Group (FNFG) shareholders approve acquisition by KeyCorp (KEY).
  • Homeinns Hotel Group (ADR) (HMIN) shareholders approve acquisition by BTG Hotels.
  • J. F. Lehman & Company receives early HSR termination in merger with API Technologies Corp (ATNY).
  • FormFactor, Inc. (FORM) announces that the HSR waiting period has expired in planned merger with Cascade Microtech, Inc. (CSCD).
  • Insight Venture Partners receives early HSR termination in merger with Diligent Corp (DLBDF).

Merger Arbitrage Spreads Mar 28, 2016

The latest stock merger arbitrage spreads:

Sunday, March 20, 2016

The Risk Arbitrage Report for Mar 21, 2016


New Deals:
  • Sherwin-Williams Co (SHW) to acquire Valspar Corp (VAL).
  • Apollo Global Management LLC (APO) to acquire Fresh Market Inc, The (TFM).
  • TransCanada Corporation (USA) (TRP) to acquire Columbia Pipeline Group Inc (CPGX).
  • Coherent, Inc. (COHR) to acquire Rofin-Sinar Technologies (RSTI).
  • Hallmark Cards to acquire Crown Media Holdings, Inc (CRWN).
  • Horizon Bancorp (HBNC) to acquire LaPorte Bancorp Inc (LPSB).
  • Midland Financial Co to acquire 1st Century Bancshares, Inc. (FCTY).
  • Norwood Financial Corporation (NWFL) to acquire Delaware Bancshares (DBAI).
  • Management to acquire China Nepstar Chain Drugstore (NPD).
  • Geo-Jade Petroleum Corp to acquire Bankers Petroleum Ltd (BNK.TO).
  • Partners Group to acquire Axia NetMedia Corp (AXX.TO).
Busted Deals:
  • Vivint Solar Inc (VSLR) terminates agreement with Sunedison Inc (SUNE).
Closed Deals:
  • EXOR S.p.A (EXOSF) completes acquisition of Partnerre Ltd (PRE).
  • CalAmp Corp. (CAMP) completes acquisition of LoJack Corporation (LOJN).
  • II-VI, Inc. (IIVI) completes acquisition of ANADIGICS, Inc. (ANAD).
  • Meiji Yasuda Life Ins Co completes acquisition of StanCorp Financial Group, Inc. (SFG).
  • First Midwest Bancorp Inc (FMBI) completes acquisition of NI Bancshares Corp (NIBA).
  • Ameris Bancorp (ABCB) completes acquisition of Jacksonville Bancorp Inc. (JAXB).
Updated Deals:

  • SanDisk Corporation (SNDK) shareholders approve acquisition by Western Digital Corp (WDC).
  • Youku Tudou Inc (ADR) (YOKU) shareholders approve acquisition by Alibaba Group Holding Ltd (BABA) .
  • Global-Tech Advanced Innovation (GAI) shareholders approve acquisition by Management .
  • Apollo Global Management LLC (APO) receives early HSR termination in merger with ADT Corp (ADT).
  • Suzhou Dongshan Precision Manufacturing Co. receives early HSR termination in merger with Multi-Fineline Electronix, Inc (MFLX).
  • MKS Instruments, Inc. (MKSI) receives early HSR termination in merger with Newport Corp (NEWP).
  • Microchip Technology Inc. (MCHP) receives early HSR termination in merger with Atmel Corporation (ATML).
  • Tyco International PLC (TYC) receives early HSR termination in merger with Johnson Controls Inc (JCI).

Merger Arbitrage Spreads Mar 21, 2016

The latest stock merger arbitrage spreads:

Sunday, March 6, 2016

The Risk Arbitrage Report for Mar 7, 2016


New Deals:
  • Samsonite International to acquire Tumi Holdings Inc (TUMI).
  • AMC Entertainment Holdings Inc (AMC) to acquire Carmike Cinemas, Inc. (CKEC).
  • CCL Industries Inc to acquire Checkpoint Systems, Inc. (CKP).
  • J. F. Lehman & Company to acquire API Technologies Corp (ATNY).
  • ARMOUR Residential REIT, Inc. (ARR) to acquire Javelin Mortgage Investment Co (JMI).
Closed Deals:
  • JAB Holding Company-Led Investor Group completes acquisition of Keurig Green Mountain Inc (GMCR).
  • Vista Equity Partners completes acquisition of Solera Holdings Inc (SLH).
  • Snyder's-Lance Inc (LNCE) completes acquisition of Diamond Foods, Inc. (DMND).
  • American Homes 4 Rent (AMH) completes acquisition of American Residential Properties (ARPI).
  • DENTSPLY International Inc. (XRAY) completes acquisition of Sirona Dental Systems, Inc. (SIRO).
  • Team, Inc. (TISI) completes acquisition of Furmanite Corporation (FRM).
  • Yadkin Financial Corp (YDKN) completes acquisition of NewBridge Bancorp (NBBC).
  • CVB Financial Corp. (CVBF) completes acquisition of County Commerce Bank (CNYB).
  • German American Bancorp., Inc. (GABC) completes acquisition of River Valley Bancorp (RIVR).
  • Harrison Street Real Estate completes acquisition of Campus Crest Communities Inc (CCG).
Updated Deals:

Merger Arbitrage Spreads Mar TBD, 2016

The latest stock merger arbitrage spreads: