The Risk Arbitrage Report for December 20, 2010

New Deals:

• Thermo Fisher Scientific (TMO) to acquire Dionex Corporation (DNEX).
• Dell Inc. (DELL) to acquire Compellent Technology (CML).
• Here we go again... Icahn Enterprises (IEP) to acquire Dynegy Inc. (DYN).
• Dynamex (DDMX) agrees to be acquired by TransForce and terminates agreement with Greenbriar Equity. 
• Stanley Black & Decker (SWK) to acquire INFOLOGIX INC (IFLG.PK).
• Ramius V&O Acquisition to acquire Cypress Bioscience (CYPB).
• H.I.G. Capital to acquire Matrixx Initiatives (MTXX).
• Bank Of Montreal  (BMO) to acquire New M&I Corp (MI).
• Norwood Financial (NWFL) to acquire NORTH PENN BCORP (NPBP.OB).
• American National (AMNB) to acquire MIDCAROLINA FINL (MCFI.OB). 

Closed Deals:

• Stefanini IT Solutions completes acquisition of  TechTeam Global (TEAM).
• Equity Group Investments completes acquisition of  Rewards Network (DINE). 
• ASSA ABLOY AB completes acquisition of  ActivIdentity Cor (ACTI).
• Leonard Green & Partners completes acquisition of Prospect Medical Holdings (PZZ).
• Kratos Defense & Security (KTOS) completes acquisition of Henry Bros. Electronics (HBE).
• Hellman & Friedman Capital Partners completes acquisition of  Internet Brands  (INET).
• Ranger Energy Investments completes acquisition of National Coal (NCOC).

Updated Deals:

• Pfizer (PFE) extends tender offer for King Pharmaceutical (KG) to 1/21 from 12/17 because certain conditions have not been satisfied.
• American Commercial Lines (ACLI) shareholders approve acquisition by Platinum Equity.
• Portec Rail Products (PRPX) postpones annual meeting from Dec 17 to Dec 23 due to weather.
• Portec Rail Products (PRPX) receives $13 offer from Sentinel but BOD rejects offer.
• Chevron Corp (CVX) receives early HSR termination in merger with Atlas Energy Inc (ATLS).
• L-1 Identity Solutions (ID) sets shareholder meeting for Feb 3 with Safran SA.
• Alberto-Culver Co (ACV) shareholders approve acquisition by  Unilever PLC Comm (UL).
• Alberto-Culver Co (ACV) received a second request for information under HSR in merger with  Unilever PLC Comm (UL).
• Monroe Bancorp (MROE) shareholders approve acquisition by  Old National Banc (ONB).
• Penn Virginia GP  (PVG) sets shareholder meeting for Feb 16 with Penn Virginia Resources (PVR)

To Read:

• WSJ($$): Bank Bid Sparks Talk of Who's Next
• DealBook: Re-examining the Poison Pill
• DealBook: Icahn Offers to Buy Dynegy for $665 Million
• WSJ($$): EU Has Concerns on Big Intel Deal
• Reuters: M&A tops $2.2 trillion in first yearly rise since 2007