Sunday, July 31, 2016

The Risk Arbitrage Report for Aug 1, 2016


New Deals:
  • Analog Devices, Inc. (ADI) to acquire Linear Technology Corporation (LLTC).
  • Oracle Corporation (ORCL) to acquire NetSuite Inc (N).
  • Apollo Global Management LLC (APO) to acquire Outerwall Inc (OUTR).
  • Laboratory Corp. of America Ho (LH) to acquire Sequenom, Inc. (SQNM).
  • American Financial Group Inc (AFG) to acquire National Interstate Corp (NATL).
  • OMERS Private Equity to acquire EPIQ Systems, Inc. (EPIQ).
Closed Deals:
  • JAB Holding Company completes acquisition of Krispy Kreme Doughnuts (KKD).
  • Suzhou Dongshan Precision Manufacturing Co. completes acquisition of Multi-Fineline Electronix, Inc (MFLX).
  • Leonard Green & Partners completes acquisition of Examworks Group, Inc. (EXAM).
  • Auris Surgical Robotics completes acquisition of Hansen Medical, Inc. (HNSN).
  • Accel-KKR completes acquisition of SciQuest, Inc. (SQI).
  • MTY Food Group Inc (MTY.TO) completes acquisition of Kahala Brands, Ltd (KAHL).
  • Hampton Roads Bankshares, Inc. (HMPR) completes acquisition of Xenith Bankshares Inc (XBKS).
  • BBCN Bancorp Inc (BBCN) completes acquisition of Wilshire Bancorp Inc (WIBC).
  • KeyCorp (KEY) completes acquisition of First Niagara Financial Group (FNFG).
Updated Deals:

Merger Arbitrage Spreads Aug 1, 2016

The latest stock merger arbitrage spreads:

Sunday, July 24, 2016

The Risk Arbitrage Report for Jul 25, 2016


New Deals:
  • SoftBank Group (ADR) (SFTBY) to acquire ARM Holdings plc (ADR) (ARMH).
  • Komatsu Ltd to acquire Joy Global Inc. (JOY).
  • InterOil Corporation (USA) (IOC) agrees to be acquired by Exxon Mobil Corporation (XOM) and terminates deal with Oil Search Limited (OISHY).
  • Galenica Group to acquire Relypsa Inc (RLYP).
  • Utz Quality Foods to acquire Golden Enterprises, Inc. (GLDC).
  • Arbor Bancorp to acquire Bank of Birmingham (BBBI).
  • F.N.B. Corp (FNB) to acquire Yadkin Financial Corp (YDKN).
Busted Deals:
  • NextEra Energy Inc (NEE) terminates agreement with Hawaiian Electric Industries, (HE).
Closed Deals:
  • Horizon Bancorp (HBNC) completes acquisition of LaPorte Bancorp Inc (LPSB).
  • Bank Of The Ozarks Inc (OZRK) completes acquisition of C1 Financial Inc (BNK).
  • Brookfield Infrastructure Part (BIP) completes acquisition of Niska Gas Storage Partners LLC (NKA).
  • Arlington Capital Partners completes acquisition of Kreisler Manufacturing Corpora (KRSL).
Updated Deals:

Merger Arbitrage Spreads Jul 25, 2016

The latest stock merger arbitrage spreads:

Sunday, July 17, 2016

The Risk Arbitrage Report for Jul 18, 2016


New Deals:
  • Thoma Bravo to acquire Imprivata Inc (IMPR).
  • OceanFirst Financial Corp. (OCFC) to acquire Ocean Shore Holding Co (OSHC).
Closed Deals:
  • salesforce.com, inc. (CRM) completes acquisition of Demandware Inc (DWRE).
  • Markit Ltd (MRKT) completes acquisition of IHS Inc. (IHS).
  • Annaly Capital Management, Inc (NLY) completes acquisition of Hatteras Financial Corp. (HTS).
  • Zimmer Biomet Holdings Inc (ZBH) completes acquisition of LDR Holding Corp (LDRH).
  • Shanda Investment Holdings completes acquisition of Ku6 Media Co Ltd (ADR) (KUTV).
  • Jazz Pharmaceuticals PLC (JAZZ) completes acquisition of Celator Pharmaceuticals Inc (CPXX).
  • Consortium completes acquisition of Qihoo 360 Technology Co Ltd (QIHU).
Updated Deals:

Merger Arbitrage Spreads Jul 18, 2016

The latest stock merger arbitrage spreads:

Sunday, July 10, 2016

The Risk Arbitrage Report for Jul 11, 2016


New Deals:
  • Danone SA (ADR) (DANOY) to acquire WhiteWave Foods Co (WWAV).
  • Avast Software to acquire AVG Technologies NV (AVG).
  • Polycom Inc (PLCM) agrees to be acquired by Siris Capital Group and terminates deal with Mitel (MITL).
  • Melrose Industries PLC to acquire Nortek Inc (NTK).
  • Centerra Gold (CG.TO) to acquire Thompson Creek Metals Company (TCM.TO).
Closed Deals:
  • RoundTable Healthcare Partners completes acquisition of Symmetry Surgical Inc (SSRG).
  • Brookfield Asset Management In (BAM) completes acquisition of Rouse Properties Inc (RSE).
  • Arbor Pharmaceutical completes acquisition of XenoPort, Inc. (XNPT).
  • Sierra Bancorp (BSRR) completes acquisition of Coast Bancorp (CTBP).
Updated Deals:

Merger Arbitrage Spreads Jul 11, 2016

The latest stock merger arbitrage spreads:

Sunday, July 3, 2016

The Risk Arbitrage Report for Jul 4, 2016


New Deals:
  • Lions Gate Entertainment Corp. (LGF) to acquire Starz (STRZA).
  • Medtronic PLC (MDT) to acquire HeartWare International Inc (HTWR).
  • Apollo Global Management LLC (APO) to acquire Diamond Resorts International (DRII).
  • Blackboard Inc to acquire Higher One Holdings, Inc (ONE).
  • Gannett Co Inc (GCI) to acquire ReachLocal Inc. (RLOC).
  • Opko Health Inc. (OPK) to acquire Transition Therapeutics Inc (U (TTHI).
  • Canadian Imperial Bank of Comm (CM) to acquire PrivateBancorp Inc (PVTB).
  • People's United Financial, Inc (PBCT) to acquire Suffolk Bancorp (SCNB).
Busted Deals:
  • Energy Transfer Equity LP (ETE) terminates agreement with Williams Companies Inc (WMB).
Closed Deals:
  • Ball Corporation (BLL) completes acquisition of Rexam PLC (ADR) (REXMY).
  • Southern Co (SO) completes acquisition of AGL Resources Inc. (GAS).
  • Luminex Corporation (LMNX) completes acquisition of Nanosphere, Inc. (NSPH).
  • TransCanada Corporation (USA) (TRP) completes acquisition of Columbia Pipeline Group Inc (CPGX).
  • Emera Inc. (EMA.TO) completes acquisition of TECO Energy (TE).
  • B. Riley Financial Inc (RILY) completes acquisition of United Online, Inc. (UNTD).
  • United Community Banks, Inc. (UCBI) completes acquisition of Tidelands Bancshares Inc. (TDBK).
  • Pinnacle Financial Partners (PNFP) completes acquisition of Avenue Financial Holding (AVNU).
  • Midland Financial Co completes acquisition of 1st Century Bancshares, Inc. (FCTY).
  • Lakeland Bancorp, Inc. (LBAI) completes acquisition of Harmony Bank (HRMB).
  • Univest Corp. of PA (UVSP) completes acquisition of Fox Chase Bancorp (FXCB).
Updated Deals:

Merger Arbitrage Spreads Jul 4, 2016

The latest stock merger arbitrage spreads: