The Risk Arbitrage Report for Nov 7, 2016

New Deals:

• Centurylink Inc (CTL) to acquire Level 3 Communications, Inc. (LVLT).
• Broadcom Ltd (AVGO) to acquire Brocade Communications Systems (BRCD).
• Blackstone to acquire TeamHealth Holdings Inc (TMH).
• American Axle & Manf (AXL) to acquire Metaldyne Performance Group (MPG).
• Canyon Bridge Capital Partners to acquire Lattice Semiconductor (LSCC).
• GTCR to acquire Inteliquent Inc (IQNT).
• Heartland Financial USA Inc (HTLF) to acquire Founders Bancorp (FBCP).
• Tecogen Inc (TGEN) to acquire American DG Energy Inc (ADGE).
• Nicolet Bankshares Inc (NCBS) to acquire First Menasha Bancshares (FMBJ).

Closed Deals:

• Oracle Corporation (ORCL) completes acquisition of NetSuite Inc (N).
• Hewlett Packard Enterprise Co (HPE) completes acquisition of Silicon Graphics International (SGI).
• Apollo Global Management LLC (APO) completes acquisition of Rackspace Hosting, Inc. (RAX).
• Danaher Corporation (DHR) completes acquisition of Cepheid (CPHD).
• Randstad Holding NV [ADR] (RANJY) to acquire Monster Worldwide (MWW).
• Genesee & Wyoming Inc (GWR) completes acquisition of Providence & Worcester Railroad (PWX).
• Allergan plc (AGN) completes acquisition of Tobira Therapeutics Inc (TBRA).
• Great Elm Capital Group (GEC) completes acquisition of Full Circle Capital Corp (FULL).
• BNC Bancorp (BNCN) completes acquisition of High Point Bank Corp (HPTB).

Updated Deals:

• Potash Corporation of Saskatch (POT) shareholders approve acquisition by Agrium Inc. (USA) (AGU).

To Read:

• NYT: Blockbuster Deals in a Race to Stay Ahead of the Competition
• NYP: Tech mogul plays ‘chicken’ with feds over $1.6B buyout review
• Bloomberg: Junk-Bond Sales Cool in Market’s Worst Slump Since February