Sunday, November 28, 2010

Merger Arbitrage Spreads November 29, 2010

The latest stock merger arbitrage spreads:

Target Ticker Acquirer Ticker Current
Price
Take Over
Price
Price Diff % Diff Date
Announced
Deal Type
AirTran Holdings AAI Southwest Airline LUV $7.42 $7.75 0.33 4.45% 9/27/2010 C&S
American Commerci ACLI Platinum Equity -- $33.04 $33.00 -0.04 -0.12% 10/18/2010 Cash
ActivIdentity Cor ACTI ASSA ABLOY AB -- $3.24 $3.25 0.01 0.31% 10/12/2010 Cash
Alberto-Culver Co ACV Unilever PLC Comm UL $37.20 $37.50 0.30 0.81% 9/27/2010 Cash
A.D.A.M. Inc. ADAM Ebix Inc EBIX $6.24 $6.52 0.28 4.57% 8/30/2010 Stock
ADC Telecommunica ADCT Tyco Electronics TEL $12.71 $12.75 0.04 0.31% 7/13/2010 Cash
AMERICAN EXPLORAT AEXP.OB MAINLAND RESOURCE MNLU.OB $0.1040 $0.1350 0.03 29.81% 3/23/2010 Stock
American Oil & Ga AEZ Hess Corporation HES $9.56 $9.58 0.02 0.22% 7/28/2010 Stock
American Physicia AMPH Pro-Assurance Cor PRA $32.46 $32.50 0.04 0.12% 9/1/2010 Cash
Arbinet Corporati ARBX PRIMUS TELECOM GR PMUG.OB $7.16 $5.75 -1.41 -19.64% 11/11/2010 Stock
Art Technology Gr ARTG Oracle Corporatio ORCL $5.95 $6.00 0.05 0.84% 11/2/2010 Cash
Atlas Energy Inc ATLS Chevron Corporati CVX $43.25 $43.34 0.09 0.21% 11/9/2010 C&S
Allegheny Energy AYE FirstEnergy Corpo FE $22.91 $23.50 0.59 2.57% 2/11/2010 Stock
BANCINSURANCE CP BCIS.OB Insiders -- $8.25 $8.50 0.25 3.02% 8/12/2010 Cash
BAKBONE SOFTWARE BKBO.OB Quest Software I QSFT $0.32 $0.33 0.01 4.07% 11/10/2010 Cash
BIOTEL INC BTEL.OB CardioNet Inc. BEAT $3.80 $3.84 0.04 1.05% 11/10/2010 Cash
Bucyrus Internati BUCY Caterpillar Inc. CAT $89.05 $92.00 2.95 3.31% 11/15/2010 Cash
Cadence Financial CADE Community Bancorp -- $2.45 $2.50 0.05 2.04% 10/6/2010 Cash
CAPRIUS INC CAPI.PK Vintage Capital Group -- $0.0515 $0.0650 $0.0135 26.21% 11/11/2010 Cash
Comm Bancorp Inc CCBP F.N.B. Corporatio FNB $40.40 $40.95 0.55 1.37% 8/9/2010 C&S
COMFORCE Corp. Co CFS ARBY Partners -- $2.48 $2.50 0.02 0.81% 12/2/2010 Cash
CENTER FOR WOUND CFWH.OB Sveric International -- $0.55 $0.57 0.02 3.64% 10/6/2010 Cash
Capital Gold Corp CGC Gammon Gold Inc. GRS $4.42 $4.18 -0.24 -5.41% 10/7/2010 C&S
Central Jersey Ba CJBK Kearny Financial KRNY $7.49 $7.50 0.01 0.13% 5/25/2010 Cash
Clarient Inc. CLRT General Electric GE $4.99 $5.00 0.01 0.20% 10/22/2010 Cash
Cellu Tissue Hold CLU Clearwater Paper CLW $12.00 $12.00 0.00 0.00% 9/16/2010 Cash
Cogent Inc. COGT 3M Company Common MMM $10.49 $10.50 0.01 0.10% 8/30/2010 Cash
ALL AMERICAN GROU COHM.PK American Group Holding -- $0.2300 $0.2000 -0.03 -13.04% 11/8/2010 Cash
Crucell NV CRXL Johnson & Johnson JNJ $31.78 $32.77 0.99 3.12% 10/6/2010 Cash
Cardiac Science C CSCX Opto Circuits -- $2.28 $2.30 0.02 0.88% 10/19/2010 Cash
CommScope Inc. C CTV Carlyle Group -- $31.65 $31.50 -0.15 -0.47% 10/27/2010 Cash
Dynamex Inc. DDMX Greenbriar Equity Group -- $23.70 $21.25 -2.45 -10.34% 10/1/2010 Cash
Rewards Network DINE Equity Group Investments -- $13.71 $13.75 0.04 0.29% 10/28/2010 Cash
Del Monte Foods C DLM Kohlberg Kravis Roberts -- $18.83 $19.00 0.17 0.90% 11/25/2010 Cash
First Chester Cou FCEC Tower Bancorp Inc TOBC $6.40 $6.82 0.42 6.53% 12/28/2009 Stock
First Franklin Co FFHS Cheviot Financial CHEV $14.28 $14.50 0.22 1.54% 10/13/2010 Cash
FIRST IPSWICH BCP FIWC.OB Brookline Bancorp BRKL $7.80 $8.10 0.30 3.85% 10/27/2010 Cash
First Mercury Fin FMR FAIRFAX FINANCIAL FFH.TO $16.34 $16.50 0.16 0.98% 10/28/2010 Cash
FORT ORANGE FINAN FOFC.OB CHEMUNG FINANCIAL CHMG.OB $6.80 $7.90 1.10 16.19% 10/15/2010 C&S
Wilber Corporatio GIW Community Bank Sy CBU $9.39 $9.50 0.11 1.17% 10/25/2010 C&S
GTC BIOTHERAPEUTI GTCB.OB LFB Biotechnologies -- $0.34 $0.30 -0.04 -11.76% 11/8/2010 Cash
Henry Bros. Elect HBE Kratos Defense & KTOS $8.20 $8.20 0.00 0.00% 10/6/2010 Cash
Hawk Corporation HWK Carlisle Companie CSL $49.97 $50.00 0.03 0.06% 10/15/2010 Cash
Hypercom Corporat HYC Verifone Systems PAY $7.35 $7.98 0.63 8.59% 11/17/2010 Stock
L-1 Identity Solu ID Safran -- $11.80 $12.00 0.20 1.69% 9/20/2010 Cash
Internet Brands INET Hellman & Friedman Capital Partners -- $13.31 $13.35 0.04 0.30% 9/20/2010 Cash
Isilon Systems I ISLN EMC Corporation C EMC $33.80 $33.85 0.05 0.15% 11/15/2010 Cash
ITC DELTACOM INC ITCD.OB EarthLink Inc. ELNK $2.96 $3.00 0.04 1.35% 10/1/2010 Cash
J. Crew Group In JCG TPG Capital and Leonard Green & Partners -- $43.75 $43.50 -0.25 -0.57% 11/23/2010 Cash
Keithley Instrume KEI Danaher Corporati DHR $21.56 $21.60 0.04 0.19% 9/28/2010 Cash
King Pharmaceutic KG Pfizer Inc. Comm PFE $14.17 $14.25 0.08 0.56% 10/12/2010 Cash
Ladish Co. Inc. LDSH Allegheny Technol ATI $46.64 $47.12 0.48 1.02% 11/17/2010 C&S
LSB Corporation LSBX People's United F PBCT $20.90 $21.00 0.10 0.50% 7/15/2010 Cash
LTX-Credence Corp LTXC Verigy Ltd. VRGY $8.00 $8.33 0.33 4.16% 11/18/2010 Stock
Majestic Capital MAJCD Bayside Capital Partners -- $4.20 $4.50 0.30 7.14% 9/21/2010 Cash
Maine & Maritimes MAM Emera -- $44.88 $45.00 0.12 0.27% 3/12/2010 Cash
Mediacom Communic MCCC CEO, Rocco B. Commisso -- $8.45 $8.75 0.30 3.55% 11/15/2010 Cash
MCAFEE Inc MFE Intel Corporation INTC $46.85 $48.00 1.15 2.45% 8/19/2010 Cash
Mirant Corp Commo MIR RRI Energy Inc. RRI $9.98 $10.06 0.08 0.84% 4/11/2010 Stock
Monroe Bancorp MROE Old National Banc ONB $12.11 $13.03 0.92 7.60% 10/6/2010 Stock
NewAlliance Bancs NAL First Niagara Fin FNFG $13.35 $13.70 0.35 2.63% 8/19/2010 C&S
National Coal Cor NCOC Ranger Energy Investments -- $0.9910 $1.00 0.01 0.91% 9/28/2010 Cash
NightHawk Radiolo NHWK Virtual Radiologic -- $6.45 $6.50 0.05 0.78% 9/27/2010 Cash
Novell Inc. NOVL Attachmate Corp (Francisco Partners, Golden Gate Capital and
Thoma Bravo)
-- $5.94 $6.10 0.16 2.69% 11/22/2010 Cash
NSTAR Common Stoc NST Northeast Utiliti NU $41.81 $41.58 -0.23 -0.56% 10/18/2010 Stock
Nu Horizons Elect NUHC Arrow Electronics ARW $6.96 $7.00 0.04 0.57% 9/20/2010 Cash
Occam Networks I OCNW Calix Inc Common CALX $7.44 $7.59 0.15 2.05% 9/16/2010 C&S
Optelecom-NKF In OPTC TKH Group -- $2.38 $2.45 0.07 2.94% 11/11/2010 Cash
OTIX Global Inc OTIX William Demant Holding -- $11.00 $11.01 0.01 0.09% 9/13/2010 Cash
Pennichuck Corpor PNNW City of Nashua -- $27.40 $29.00 1.60 5.84% 11/12/2010 Cash
POLYMER GRP CL A POLGA.OB Blackstone Capital Partners -- $16.40 $15.25 -1.15 -7.01% 10/4/2010 Cash
Portec Rail Produ PRPX L.B. Foster Compa FSTR $11.60 $11.80 0.20 1.72% 2/17/2010 Cash
Penn Virginia GP PVG Penn Virginia Res PVR $25.25 $27.04 1.79 7.08% 9/21/2010 Stock
Prospect Medical PZZ Leonard Green & Partners -- $8.44 $8.50 0.06 0.71% 8/16/2010 Cash
Qwest Communicati Q CenturyLink Inc. CTL $6.95 $7.16 0.21 3.05% 4/22/2010 Stock
RAE Systems Inc C RAE Battery Ventures -- $1.63 $1.60 -0.03 -1.84% 9/20/2010 Cash
Rock of Ages Corp ROAC Swenson Granite -- $5.22 $5.25 0.03 0.57% 10/18/2010 Cash
Rome Bancorp Inc ROME Berkshire Hills B BHLB $11.18 $11.21 0.04 0.33% 10/12/2010 C&S
Res-Care Inc. RSCR ONEX CORPORATION OCX.TO $13.23 $13.25 0.02 0.15% 9/7/2010 Cash
Smithtown Bancorp SMTB People's United F PBCT $3.74 $3.77 0.03 0.73% 7/15/2010 C&S
Student Loan Corp STU Discover Financia DFS $29.91 $30.00 0.09 0.30% 9/17/2010 Cash
Syniverse Holding SVR Carlyle Group -- $30.64 $31.00 0.36 1.17% 10/28/2010 Cash
Tongjitang Chines TCM Insiders -- $4.34 $4.50 0.16 3.69% 11/1/2010 Cash
TechTeam Global TEAM Stefanini IT Solutions -- $8.35 $8.35 0.00 0.00% 11/2/2010 Cash
Thermadyne Holdin THMD Irving Place Capital -- $14.98 $15.00 0.02 0.13% 10/5/2010 Cash
Talecris Biothera TLCR GRIFOLS A GRF.MC $22.05 $25.01 2.96 13.42% 6/7/2010 C&S
T-3 Energy Servic TTES Robbins & Myers RBN $35.28 $35.49 0.21 0.58% 10/6/2010 C&S
Microtune Inc. TUNE Zoran Corporation ZRAN $2.91 $2.92 0.01 0.34% 9/8/2010 Cash
Ulticom Inc. ULCM Platinum Equity -- $8.01 $8.07 0.06 0.75% 10/12/2010 Cash
UNION NATL FINCL UNNF.OB Donegal Group In DGICA $7.80 $8.25 0.45 5.77% 4/20/2010 C&S
VCG Holding Corpo VCGH Insiders -- $2.19 $2.25 0.06 2.74% 11/10/2010 Cash
Wilmington Trust WL M&T Bank Corporat MTB $4.04 $3.93 -0.11 -2.79% 11/1/2010 Stock

No comments:

Post a Comment