Sunday, June 26, 2016

The Risk Arbitrage Report for Jun 27, 2016


New Deals:
  • Incipio LLC to acquire Skullcandy Inc (SKUL).
  • OSI Systems, Inc. (OSIS) to acquire American Science & Engineering (ASEI).
  • Great Elm Capital Group (GEC) to acquire Full Circle Capital Corp (FULL).
  • First Bancorp (FBNC) to acquire Carolina Bank Holding Inc. (N (CLBH).
Closed Deals:
  • Altice completes acquisition of Cablevision Systems Corporatio (CVC).
  • Pfizer Inc. (PFE) completes acquisition of Anacor Pharmaceuticals Inc (ANAC).
  • FormFactor, Inc. (FORM) completes acquisition of Cascade Microtech, Inc. (CSCD).
  • Nassau Reinsurance Group completes acquisition of The Phoenix Companies, Inc. (PNX).
  • Western Refining, Inc. (WNR) completes acquisition of Northern Tier Energy LP (NTI).
  • Grupo Ferrer Internacional completes acquisition of Alexza Pharmaceuticals, Inc. (ALXA).
  • Management completes acquisition of China Ming Yang Wind Power Gro (MY).
  • Management completes acquisition of Taomee Holdings Ltd (ADR) (TAOM).
  • TowneBank (TOWN) completes acquisition of Monarch Financial Holdings (MNRK).
Updated Deals:
  • Rouse Properties Inc (RSE) shareholders approve acquisition by Brookfield Asset Management In (BAM).
  • Avenue Financial Holdings Inc (AVNU) shareholders approve acquisition by Pinnacle Financial Partners (PNFP).
  • Delaware Bancshares (DBAI) shareholders approve acquisition by Norwood Financial Corporation (NWFL).
  • Columbia Pipeline Group Inc (CPGX) shareholders approve acquisition by TransCanada Corporation (USA) (TRP).
  • ITC Holdings Corp. (ITC) shareholders approve acquisition by Fortis Inc. (FTS.TO).
  • Coast Bancorp (CTBP) shareholders approve acquisition by Sierra Bancorp (BSRR).
  • salesforce.com, inc. (CRM) receives early HSR termination in merger with Demandware Inc (DWRE).
  • Platinum Equity increases offer for Electro Rent Corporation (ELRC).

Merger Arbitrage Spreads Jun 27, 2016

The latest stock merger arbitrage spreads:

Sunday, June 19, 2016

The Risk Arbitrage Report for Jun 20, 2016


New Deals:
  • Microsoft Corporation (MSFT) to acquire LinkedIn Corp (LNKD).
  • Revlon Inc (REV) to acquire Elizabeth Arden, Inc. (RDEN).
  • Amsurg Corp (AMSG) to acquire Envision Healthcare Holdings I (EVHC).
  • QLT Inc. (USA) (QLTI) to acquire Aegerion Pharmaceuticals, Inc. (AEGR).
  • Cavium Inc (CAVM) to acquire QLogic Corporation (QLGC).
  • Land O’ Lakes to acquire Ceres Inc (CERE).
  • Commercial National Financial Corp (CEFC) to acquire Capital Directions, Inc (CTDN).
  • South State Corp (SSB) to acquire Southeastern Bank Financial Co (SBFC).
Closed Deals:
  • Oracle Corporation (ORCL) completes acquisition of Opower Inc (OPWR).
  • Oracle Corporation (ORCL) completes acquisition of Textura Corp (TXTR).
  • Carolina Financial Corp (CARO) completes acquisition of Congaree Bancshares Inc (CNRB).
  • BNC Bancorp (BNCN) completes acquisition of Southcoast Financial Corporati (SOCB).
Updated Deals:
  • Firstmerit Corp (FMER) shareholders approve acquisition by Huntington Bancshares Incorpor (HBAN).
  • Fox Chase Bancorp, Inc. (FXCB) shareholders approve acquisition by Univest Corp. of PA (UVSP).
  • Empire District Electric Co (EDE) shareholders approve acquisition by Algonquin Power & Utilities Corp (AQN.TO) .
  • Arbor Pharmaceutical announces that the HSR waiting period has expired in planned merger with XenoPort, Inc. (XNPT).

Merger Arbitrage Spreads Jun 20, 2016

The latest stock merger arbitrage spreads:

Sunday, June 12, 2016

The Risk Arbitrage Report for Jun 13, 2016


New Deals:
  • Westlake Chemical Corporation (WLK) to acquire Axiall Corp (AXLL).
  • Zimmer Biomet Holdings Inc (ZBH) to acquire LDR Holding Corp (LDRH).
Updated Deals:

Merger Arbitrage Spreads Jun 13, 2016

The latest stock merger arbitrage spreads:

Sunday, June 5, 2016

The Risk Arbitrage Report for Jun 6, 2016


New Deals:
  • Jazz Pharmaceuticals PLC (JAZZ) to acquire Celator Pharmaceuticals Inc (CPXX).
  • Great Plains Energy Inc (GXP) to acquire Westar Energy Inc (WR).
  • salesforce.com, inc. (CRM) to acquire Demandware Inc (DWRE).
  • Thoma Bravo, LLC to acquire Qlik Technologies Inc (QLIK).
  • Platinum Equity to acquire Electro Rent Corporation (ELRC).
  • Accel-KKR to acquire SciQuest, Inc. (SQI).
  • Vista Equity Partners to acquire Marketo Inc (MKTO).
  • Riverstone Holdings LLC to acquire Talen Energy Corp (TLN).
  • Arlington Capital Partners to acquire Kreisler Manufacturing Corpora (KRSL).
  • SemGroup Corp (SEMG) to acquire Rose Rock Midstream LP (RRMS).
  • Prudential Bancorp, Inc. of PA (PBIP) to acquire Polonia Bancorp Inc (PBCP).
  • Summit Financial Group, Inc. (SMMF) to acquire First Century Bankshares (FCBS).
  • Management to acquire E Commerce China Dangdang Inc (DANG).
Closed Deals:
  • Shire PLC (ADR) (SHPG) completes acquisition of Baxalta Inc (BXLT).
  • Progressive Waste Solutions Lt (BIN) completes acquisition of Waste Connections, Inc. (WCN).
  • Handy & Harman Ltd (HNH) completes acquisition of SLI Acquisition Co (SLI).
  • Westport Innovations (WPRT) completes acquisition of Fuel Systems Solutions, Inc. (FSYS).
  • Management completes acquisition of eLong, Inc. (ADR) (LONG).
  • Xiamen Insight Investment Co. completes acquisition of Xueda Education Group (ADR) (XUE).
Updated Deals:

Merger Arbitrage Spreads Jun 6, 2016

The latest stock merger arbitrage spreads: