Sunday, November 27, 2022

The Risk Arbitrage Report for Nov 28, 2022

New Deals:

• Merck & Co Inc Com (MRK) to acquire Imago Biosciences Inc Com (IMGO).

• Smith Financial Corp to acquire Home Capital Group Inc Com (HMCBF).

• Paine Schwartz Partners to acquire Agrofresh Solutions Inc Com (AGFS).

Closed Deals:

• Alcon Ag Com (ALC) completes acquisition of Aerie Pharmaceuticals Inc Csh Mrg @$15.25/Sh 11/21/22 (AERI).

• Management completes acquisition of Continental Resources Inc Csh Mrg @$74.28/Sh 11/23/22 (CLR).

• Permira and Hellman & Friedman to acquire Zendesk Inc Csh Mrg $77.50/Sh 11/22/22 (ZEN).

Merger Arbitrage Spreads Nov 28, 2022

The latest stock merger arbitrage spreads:

Sunday, November 20, 2022

The Risk Arbitrage Report for Nov 21, 2022

New Deals:

• Indivior Plc Com (IZQVF) to acquire Opiant Pharmaceuticals Inc Com (OPNT).

• Washington Federal Inc Com (WAFD) to acquire Luther Burbank Corporation Com (LBC).

• First Community Bankshares Inc Com (FCBC) to acquire Surrey Bancorp Com (SRYB).

Closed Deals:

• Centerbridge Partners & Bridgeport Partners completes acquisition of Computer Services Inc Csh Mrg $58.00/Sh 11/15/22 (CSVI).

• CommerceHub completes acquisition of Channeladvisor Corp Csh Mrg $23.10/Sh 11/15/22 (ECOM).

• Constellation Software Inc Com (CNSWF) completes acquisition of Nexj Sys Inc New Csh Mrg $0.55/Sh Cad 11/15/22 (NEXJF).

• Morningside Venture Investments & J. Wood Capital Advisors completes acquisition of Stealth Biotherapeutics Corp Csh Mrg $0.375/Sh 11/16/22 (MITO).

• Apollo Global Management Inc Com (APO) completes acquisition of Tenneco Inc Csh Mrg $20.00/Sh 11/17/22 (TEN).

• Astrazeneca Adr Sponsored (AZN) completes acquisition of Logicbio Therapeutics Inc Csh Mrg $2.07/Sh 11/17/22 (LOGC).

Merger Arbitrage Spreads Nov 21, 2022

The latest stock merger arbitrage spreads:

Sunday, November 13, 2022

The Risk Arbitrage Report for Nov 14, 2022

New Deals:

• Ritchie Bros Auctioneers Com (RBA) to acquire Iaa Inc Com (IAA).

• Viatris Inc Com (VTRS) to acquire Oyster Point Pharma Inc Com (OYST).

• Ouster Inc Com (OUST) to acquire Velodyne Lidar Inc Com (VLDR).

• GIC and Dream Industrial REIT (TSX: DIR.UN) to acquire Summit Industrial Income Reit Trust Units (SMMCF).

• Yamana Gold Inc Com (AUY) agrees to be acquired by Agnico Eagle Mines Limited (AEM) & Pan American Silver Corp. (PAAS) and terminates deal with Gold Fields Ltd Adr Sponsored  (GFI).

• Triple Flag Precious Metals Co Com (TFPM) to acquire Maverix Metals Inc Com (MMX).

Busted Deals:

• Oceanfirst Financial Corp Com (OCFC) terminates agreement with Partners Bancorp Com (PTRS).

Closed Deals:

• Unity Software Inc Com (U) completes acquisition of Ironsource Ltd .1089:1 Exc 11/7/22 91332U101 (IS).

Merger Arbitrage Spreads Nov 14, 2022

The latest stock merger arbitrage spreads:

Sunday, November 6, 2022

The Risk Arbitrage Report for Nov 7, 2022

New Deals:

• Johnson & Johnson Com (JNJ) to acquire Abiomed Inc Com (ABMD).

• Fairfax Financial Holdings Ltd., the Washington Family, David Sokol, & Ocean Network Express Pte. Ltd. to acquire Atlas Corp Com (ATCO).

• Voya Financial Inc Com (VOYA) to acquire Benefitfocus Inc Com (BNFT).

Busted Deals:

• Dupont De Nemours Inc Com (DD) terminates agreement with Rogers Corp Com (ROG).

Closed Deals:

• Profrac Hldg Corp Com (PFHC) completes acquisition of Us Well Services Inc 0.3366:1 Exc 11/2/22 74319N100 (USWS).

• Axar Capital Management completes acquisition of Stonemor Inc Csh Mrg $3.50/Sh 11/3/22 (STON).

• Nordson Corp Com (NDSN) completes acquisition of Cyber Optics Csh Mrg $54.00/Sh 11/3/22 (CYBE).

Merger Arbitrage Spreads Nov 7, 2022

The latest stock merger arbitrage spreads: