Sunday, December 31, 2017

The Risk Arbitrage Report for Jan 1, 2018


New Deals:
  • Mallinckrodt PLC (MNK) to acquire Sucampo Pharmaceuticals, Inc. (SCMP).
  • Euronav NV (EURN) to acquire Gener8 Maritime Inc (GNRT).
Busted Deals:
  • SandRidge Energy Inc. (SD) terminates agreement with Bonanza Creek Energy Inc (BCEI).
Closed Deals:
  • Becton Dickinson and Co (BDX) completes acquisition of C R Bard Inc (BCR).
  • Liberty Interactive QVC Group (QVCA) completes acquisition of HSN, Inc. (HSNI).
  • SoftBank Group Corp (SFTBF) completes acquisition of Fortress Investment Group LLC (FIG).
  • Elliott Management completes acquisition of Gigamon Inc (GIMO).
  • Warburg Pincus completes acquisition of Arc Logistics Partners LP (ARCX).
  • Brookfield Asset Management (BAM) completes acquisition of TerraForm Global Inc (GLBL).
  • Altus Capital Partners completes acquisition of MGC Diagnostics Corp (MGCD).
  • Management completes acquisition of HNZ Group Inc. [$CDN] (HNZ.TO).

Merger Arbitrage Spreads Jan 1, 2018

The latest stock merger arbitrage spreads:

Sunday, December 24, 2017

The Risk Arbitrage Report for Dec 25, 2017


New Deals:
  • TPG Capital, and Welsh, Carson, Anderson & Stowe and Humana Inc to acquire Kindred Healthcare, Inc. (KND).
  • Campbell Soup Company (CPB) to acquire Snyder's-Lance Inc (LNCE).
  • Hershey Co (HSY) to acquire Amplify Snack Brands Inc (BETR).
  • McDermott International Inc (MDR) to acquire Chicago Bridge & Iron Company (CBI).
  • Roche Holding Ltd. (ADR) (RHHBY) to acquire Ignyta Inc (RXDX).
  • Penn National Gaming, Inc (PENN) to acquire Pinnacle Entertainment Inc (PNK).
  • Aura Minerals (ORA.TO) to acquire Rio Novo Gold (RN.TO).
  • First Foundation Inc (FFWM) to acquire PBB Bancorp (PBCA).
  • Heritage Commerce Corp. (HTBK) to acquire Tri-Valley Bank (TRVB).
Closed Deals:
  • NRD Capital completes acquisition of Ruby Tuesday, Inc. (RT).
  • First Eagle Investment Management completes acquisition of NewStar Financial Inc (NEWS).
  • Fintrax Group completes acquisition of Planet Payment Inc (PLPM).
  • Cooke Inc completes acquisition of Omega Protein Corporation (OME).
  • Select Bancorp Inc (SLCT) completes acquisition of Premara Financial (PARA).

Merger Arbitrage Spreads Dec 25, 2017

The latest stock merger arbitrage spreads:

Sunday, December 17, 2017

The Risk Arbitrage Report for Dec 18, 2017

New Deals:
  • Walt Disney Co (DIS) to acquire Twenty-First Century Fox Inc (FOXA).
  • Xylem Inc (XYL) to acquire Pure Technologies Ltd. (PPEHF).
  • Allergan plc (AGN) to acquire Repros Therapeutics Inc (RPRX).
  • Management to acquire TCP International Holdings, Ltd (TCPIF).
  • TriCo Bancshares (TCBK) to acquire FNB Bancorp (FNBG).
  • Union Savings and Loan Association to acquire Hibernia Bancorp Inc (HIBE).
  • First Mid-Illinois Bancshares, (FMBH) to acquire First BancTrust Corporation (FIRT).
  • South Atlantic Bancshares (SABK) to acquire Atlantic Bancshares (ATBA).
Closed Deals:
  • Nabors Industries Ltd. (NBR) completes acquisition of Tesco Corporation (USA) (TESO).
  • Mallinckrodt PLC (MNK) completes acquisition of Ocera Therapeutics Inc (OCRX).
  • Utz Quality Foods completes acquisition of Inventure Foods Inc (SNAK).
  • Bryn Mawr Bank Corp. (BMTC) completes acquisition of Royal Bancshares of Pennsylvania (RBPAA).

Merger Arbitrage Spreads Dec 18, 2017

The latest stock merger arbitrage spreads:

Sunday, December 10, 2017

The Risk Arbitrage Report for Dec 11, 2017


New Deals:
  • CVS Health Corp (CVS) to acquire Aetna Inc (AET).
  • Silicon Laboratories (SLAB) to acquire Sigma Designs Inc (SIGM).
  • Stryker Corporation (SYK) to acquire Entellus Medical Inc (ENTL).
  • Prysmian Group (PRYMY) to acquire General Cable Corporation (BGC).
  • First Bancshares Inc (FBMS) to acquire Sunshine Financial Inc (SSNF).
Closed Deals:
  • KKR, with Walgreens Boots Alliance, Inc completes acquisition of PharMerica Corporation (PMC).
  • Sierra Wireless, Inc. (USA) (SWIR) completes acquisition of Numerex Corp. (NMRX).
  • Italmatch Chemicals Group completes acquisition of Detrex Corporation (DTRX).

Merger Arbitrage Spreads Dec 11, 2017

The latest stock merger arbitrage spreads:

Sunday, December 3, 2017

The Risk Arbitrage Report for Dec 4, 2017


New Deals:
  • Meredith Corporation (MDP) to acquire Time Inc (TIME).
  • Arby’s Restaurant Group to acquire Buffalo Wild Wings (BWLD).
  • Marlin Equity Partners to acquire Bazaarvoice Inc (BV).
  • Altus Capital Partners to acquire MGC Diagnostics Corp (MGCD).
  • Thoma Bravo to acquire Barracuda Networks Inc (CUDA).
Closed Deals:
  • CF Corp (CFCO) completes acquisition of Fidelity & Guaranty Life (FGL).
  • South State Corp (SSB) completes acquisition of Park Sterling Corp (PSTB).
  • First Horizon National Corp (FHN) completes acquisition of Capital Bank Financial Corp (CBF).
  • Icynene U.S. Holding Corp. completes acquisition of LaPolla Industries, Inc. (LPAD).

Merger Arbitrage Spreads Dec 4, 2017

The latest stock merger arbitrage spreads: