Sunday, September 25, 2016

The Risk Arbitrage Report for Sep 26, 2016

New Deals:
  • Eldorado Resorts Inc (ERI) to acquire Isle of Capri Casinos (ISLE).
  • Vista Equity Partners to acquire Infoblox Inc (BLOX).
  • Tessera Technologies, Inc. (TSRA) to acquire DTS Inc. (DTSI).
  • Allergan plc (AGN) to acquire Tobira Therapeutics Inc (TBRA).
  • Lennar Corporation (LEN) to acquire WCI Communities Inc (WCIC).
  • CVB Financial Corp. (CVBF) to acquire Valley Commerce Bancorp (VCBP).
Closed Deals:
  • Marriott International Inc (MAR) completes acquisition of Starwood Hotels & Resorts World (HOT).
  • ON Semiconductor Corp (ON) completes acquisition of Fairchild Semiconductor (FCS).
  • Thermo Fisher Scientific Inc. (TMO) completes acquisition of FEI Company (FEIC).
  • Management completes acquisition of E Commerce China Dangdang Inc (DANG).
Updated Deals:
  • InterOil Corporation (USA) (IOC) shareholders approve acquisition by Exxon Mobil Corporation (XOM).

Merger Arbitrage Spreads Sep 26, 2016

The latest stock merger arbitrage spreads:

Sunday, September 18, 2016

The Risk Arbitrage Report for Sep 19, 2016
New Deals:
  • Bayer AG (ADR) (BAYRY) to acquire Monsanto Company (MON).
  • Agrium Inc. (USA) (AGU) to acquire Potash Corporation of Saskatch (POT).
  • Allergan plc (AGN) to acquire Vitae Pharmaceuticals Inc (VTAE).
  • Horizon Pharma PLC (HZNP) to acquire Raptor Pharmaceutical Corp. (RPTP).
  • Farmland Partners Inc (FPI) to acquire American Farmland Co (AFCO).
  • Renesas Electronics Corp to acquire Intersil Corp (ISIL).
  • PWC Capital (PWC.TO) to acquire VersaBank  (VB.TO).
Busted Deals:
  • Fortress Biotech Inc (FBIO) completes tender offer of National Holdings Corporation (NHLD) but merger fails.
Closed Deals:
  • Thoma Bravo completes acquisition of Imprivata Inc (IMPR).
  • Steinhoff International  (SNHFY) completes acquisition of Mattress Firm Holding Corp (MFRM).
  • OSI Systems, Inc. (OSIS) completes acquisition of American Science & Engineering (ASEI).
  • Foxconn Technology Group completes acquisition of SMART Technologies Inc (SMT).
  • Range Resources Corp. (RRC) completes acquisition of Memorial Resource Development (MRD).
  • Hecla Mining Company (HL) completes acquisition of Mines Management, Inc. (MGN).
  • Dominion Resources, Inc. (D) completes acquisition of Questar Corporation (STR).
Updated Deals:

Merger Arbitrage Spreads Sep 19, 2016

The latest stock merger arbitrage spreads:

Sunday, September 11, 2016

The Risk Arbitrage Report for Sep 12, 2016

New Deals:
  • Enbridge Inc [USA] (ENB) to acquire Spectra Energy Corp. (SE).
  • Icahn Enterprises LP (IEP) to acquire Federal-Mogul Holdings Corp (FDML).
  • Alphabet Inc (GOOGL) to acquire Apigee Corp (APIC).
  • Danaher Corporation (DHR) to acquire Cepheid (CPHD).
  • General Electric Company (GE) to acquire Arcam (AMAVF).
  • General Electric Company (GE) to acquire SLM Solutions  (SLGRF).
  • United Community Financial Corp (UCFC) to acquire Ohio Legacy Corp (OLCB).
Closed Deals:
  • Tyco International PLC (TYC) completes acquisition of Johnson Controls Inc (JCI).
  • Michael Dell & Silver Lake completes acquisition of EMC Corporation (EMC).
  • SoftBank Group (ADR) (SFTBY) completes acquisition of ARM Holdings plc (ARMH).
  • Rovi Corporation (ROVI) completes acquisition of TiVo Inc. (TIVO).
  • Revlon Inc (REV) completes acquisition of Elizabeth Arden, Inc. (RDEN).
  • Laboratory Corp. of America Ho (LH) completes acquisition of Sequenom, Inc (SQNM).
  • C-III Capital Partners completes acquisition of Resource America Inc (REXI).
  • Pacific Continental Corporatio (PCBK) completes acquisition of Foundation Bancorp (FDNB).
  • WesBanco Inc (WSBC) completes acquisition of Your Community Bankshares Inc (YCB).
  • Management completes acquisition of iDreamSky Technology Ltd (ADR) (DSKY).
  • First Mid-Illinois Bancshares, (FMBH) completes acquisition of First Clover Leaf Financial Co (FCLF).
Updated Deals:

Merger Arbitrage Spreads Sep 12, 2016

The latest stock merger arbitrage spreads:

Sunday, September 4, 2016

The Risk Arbitrage Report for Sep 5, 2016

New Deals:
  • Genesys  to acquire Interactive Intelligence Group (ININ).
  • WellMed Medical Management to acquire USMD Holdings Inc (USMD).
  • Crestview Partners to acquire Accuride Corporation (ACW).
  • Sunovion Pharmaceuticals to acquire Cynapsus Therapeutics (CYNA).
  • United Roosevelt Savings Bank to acquire Wawel Bank (WAWL).
  • Standard Financial Corp. (STND) to acquire Allegheny Valley Bancorp (AVLY).
  • Scientific Games Corp (SGMS) to acquire DEQ Systems Corp. (DEQSF).
  • AltaPacific Bancorp (ABNK) to acquire Commerce Bank of Temecula Valley (CKTM).
  • Suncrest Bank (SBKK) to acquire Security First Bank  (SFRK).
Closed Deals:
  • First Cash Financial Services (FCFS) completes acquisition of Cash America International Inc (CSH).
  • Westlake Chemical Corporation (WLK) completes acquisition of Axiall Corp (AXLL).
  • Opko Health Inc. (OPK) completes acquisition of Transition Therapeutics Inc (TTHI).
  • Apollo Commercial Real  Estate (ARI) completes acquisition of Apollo Residential Mortgage (AMTG).
  • Nichi-Iko Pharmaceutical Co completes acquisition of Sagent Pharmaceuticals Inc (SGNT).
  • Apollo Global Management LLC (APO) completes acquisition of Diamond Resorts International (DRII).
  • Galenica Group completes acquisition of Relypsa Inc (RLYP).
  • Melrose Industries PLC completes acquisition of Nortek Inc (NTK).
  • Glacier Bancorp, Inc. (GBCI) completes acquisition of Treasure State Bank (TRSU).
  • Chemical Financial Corporation (CHFC) completes acquisition of Talmer Bancorp Inc (TLMR).
Updated Deals:
  • Steinhoff International  (SNHFY) receives early HSR termination in merger with Mattress Firm Holding Corp (MFRM).
  • FEI Company (FEIC) shareholders approve acquisition by Thermo Fisher Scientific Inc. (TMO).

Merger Arbitrage Spreads Sep 5, 2016

The latest stock merger arbitrage spreads: