Sunday, October 29, 2017

The Risk Arbitrage Report for Oct 30, 2017


New Deals:
  • Cisco Systems, Inc. (CSCO) to acquire BroadSoft Inc (BSFT).
  • TPG Capital to acquire Exactech, Inc. (EXAC).
  • Potlatch Corporation (PCH) to acquire Deltic Timber Corp (DEL).
  • Fintrax Group to acquire Planet Payment Inc (PLPM).
  • Utz Quality Foods to acquire Inventure Foods Inc (SNAK).
  • Bangor Bancorp to acquire First Colebrook Bancorp (FCNH).
  • Peoples Bancorp Inc. (PEBO) to acquire ASB Financial Corp. (OH) (ASBN).
Busted Deals:
  • Clariant (CLZNY) terminates agreement with Huntsman Corporation (HUN).
Closed Deals:
  • PacWest Bancorp (PACW) completes acquisition of CU Bancorp (CUNB).

Merger Arbitrage Spreads Oct 30, 2017

The latest stock merger arbitrage spreads:

Sunday, October 22, 2017

The Risk Arbitrage Report for Oct 23, 2017


New Deals:
  • NRD Capital to acquire Ruby Tuesday, Inc. (RT).
  • First Eagle Investment Management to acquire NewStar Financial Inc (NEWS).
  • Neovia S.A.S. to acquire Epicore BioNetworks (EBN.V).
Closed Deals:
  • IAC/InterActiveCorp (IAC) completes acquisition of Angie's List Inc (ANGI).
  • Harland Clarke Holdings completes acquisition of MaxPoint Interactive Inc (MXPT).
  • Apollo Global Management LLC (APO) completes acquisition of West Corp (WSTC).
  • Fortive Corp (FTV) completes acquisition of Landauer Inc (LDR).
  • GL Capital Management, Bank of China Group Investment, CDH Investments, Ascendent Capital Partners and Boying  complete acquisition of SciClone Pharmaceuticals, Inc. (SCLN).
  • Canada Pension Plan Investment Board completes acquisition of Parkway Inc (PKY).
  • Steel Partners Holdings LP (SPLP.A) completes acquisition of Handy & Harman Ltd (HNH).
  • Mitsubishi Tanabe Pharma Corp completes acquisition of Neuroderm Ltd (NDRM).
  • Horizon Bancorp (HBNC) completes acquisition of WOLVERINE BANCORP, INC. (WBKC).
  • Simmons First National Corpora (SFNC) completes acquisition of Southwest Bancorp, Inc. (OKSB).
To Read:

Merger Arbitrage Spreads Oct 23, 2017

The latest stock merger arbitrage spreads:

Sunday, October 8, 2017

The Risk Arbitrage Report for Oct 9, 2017

New Deals:
  • Cooke Inc to acquire Omega Protein Corporation (OME).
  • METRO INC (MRU.TO) to acquire The Jean Coutu Group (PJC.A.TO).
  • Dimension Therapeutics Inc (DMTX) agrees to be acquired by Ultragenyx Pharmaceutical Inc (RARE) and terminates deal with Regenxbio Inc  (RGNX).
  • Icynene U.S. Holding Corp.  to acquire LaPolla Industries, Inc. (LPAD).
  • Project Diamond Intermediate Holdings Corp to acquire Onvia, Inc. (ONVI).
Closed Deals:
  • D.R. Horton, Inc. (DHI) completes acquisition of Forestar Group Inc. [partial] (FOR).
  • Gilead Sciences, Inc. (GILD) completes acquisition of Kite Pharma Inc (KITE).
  • Abbott Laboratories (ABT) completes acquisition of Alere Inc (ALR).
  • Caesars Entertainment Corp (CZR) completes acquisition of Caesars Acquisition Company (CACQ).
  • United Rentals, Inc. (URI) completes acquisition of Neff Corp (NEFF).
  • MacDonald, Dettwiler and Associates Ltd. (MDDWF) completes acquisition of DigitalGlobe Inc (DGI).
  • ENSCO PLC (ESV) completes acquisition of Atwood Oceanics, Inc. (ATW).
  • Pembina Pipeline Corp (PBA) completes acquisition of Veresen Inc. (FCGYF).
  • Riverview Financial Corp (RIVE) completes acquisition of CBT Financial Corp. (CBTC).
  • First Bancorp (FBNC) completes acquisition of ASB Bancorp Inc (ASBB).
  • Government Properties Income Trust (GOV) completes acquisition of First Potomac Realty Trust (FPO).
  • Central Valley Community Banco (CVCY) completes acquisition of Folsom Lake Bank (FOLB).
  • Sterling Bancorp (STL) completes acquisition of Astoria Financial Corp (AF).
  • Sierra Bancorp (BSRR) completes acquisition of OCB Bancorp (OJCB).
  • Seacoast Commerce Banc Holdings (SCBH) completes acquisition of Capital Bank (CBJC).
To Read:

Merger Arbitrage Spreads Oct 9, 2017

The latest stock merger arbitrage spreads:

Sunday, October 1, 2017

The Risk Arbitrage Report for Oct 2, 2017

New Deals:
  • Dassault Systèmes (DSY.PA) to acquire Exa Corp (EXA).
  • Polaris Materials Corp (PLS.TO) agrees to be acquired by US Concrete Inc (USCR) and terminates deal with Vulcan Materials Company  (VMC).
  • Old Line Bancshares, Inc. (MD) (OLBK) to acquire Bay Bancorp Inc (BYBK).
Closed Deals:
  • Bass Pro Shop completes acquisition of Cabelas Inc (CAB).
  • BorgWarner Inc. (BWA) completes acquisition of Sevcon Inc (SEV).
  • Mitel Networks Corp (MITL) completes acquisition of ShoreTel Inc (SHOR).
  • Wabash National Corporation (WNC) completes acquisition of Supreme Industries, Inc. (STS).
  • Intact Financial Corp (IFCZF) completes acquisition of OneBeacon Insurance Group, Ltd (OB).
  • Pamplona Capital Management completes acquisition of PAREXEL International Corporat (PRXL).
  • Bearing Resources Ltd (BRGRF) completes acquisition of Li3 Energy Inc (LIEG).
  • Home Bancshares Inc (HOMB) completes acquisition of Stonegate Bank (SGBK).
  • Bank McKenney (VA) (BOMK) completes acquisition of CCB Bankshares (CZYB).
  • Management completes acquisition of Zhaopin Ltd (ADR) (ZPIN).

Merger Arbitrage Spreads Oct 2, 2017

The latest stock merger arbitrage spreads: