The Risk Arbitrage Report for October 11, 2010

New Deals:

• Johnson & Johnson (JNJ) to acquire Crucell (CRXL).
• Microsemi Corp (MSCC) to acquire Actel Corp (ACTL).
• Blackstone Capital Partners to acquire Polymer Group (POLGA.OB).
• Irving Place Capital to acquire Thermadyne Holdings (THMD). 
• Robbins & Myers (RBN) to acquire T-3 Energy Services (TTES).
• Gammon Gold (GRS) to acquire Capital Gold (CGC).
• Kratos Defense (KTOS) to acquire Henry Brothers (HBE).
• Old National Bancorp (ONB) to acquire Monroe Bancorp (MROE).
• Community Bancorp to acquire Cadence Financial (CADE).
• Sveric International to acquire The Center for Wound Healing (CFWH.OB).
  

Busted Deals:

• Cadence Financial (CADE) terminates agreement with Trustmark (TRMK) on higher offer from Community Bancorp.

Closed Deals:

• IBM (IBM) completes acquisition of UNICA (UNCA).  
• Sonic Solutions (SNIC) completes acquisition of DivX (DIVX). 
• FLIR Systems (FLIR) completes acquisition of ICx Technologies (ICXT).
• Vestar Capital completes acquisition of Health Grades (HGRD).

Updated Deals:

• Hewlett-Packard (HPQ) and Arc Sight (ARST) receive early HSR termination.  
• Psychiatric Solutions (PSYS) shareholders approve merger with Universal Health Services (UHS). 
• William Demant raises offer for Otix Global (OTIX) to match GN's bid.

To Read:

• WSJ: The Dollar Thrifty (DTG) situation.   
• DealBook: What the Avis/Dollar Thrifty Talks Are About
• DealBook: Time Dwindles for 3M’s Offer for Cogent