The Risk Arbitrage Report for May 9, 2011

New Deals:

•  Access Industries to acquire Warner Music Group Corp (WMG).
• Teva Pharmaceutical Industries (TEVA) to acquire Cephalon Inc (CEPH).
• Applied Materials  Inc (AMAT) to acquire Varian Semiconductor Equipment Associates  Inc (VSEA).
• Arch Coal Inc (ACI) to acquire International Coal Group Inc (ICO). 
• INC Research, LLC to acquire Kendle International Inc (KNDL).
• PPR to acquire Volcom Inc (VLCM).

Closed Deals:

• Southwest Airlines Co (LUV) completes acquisition of AirTran Holdings Inc (AAI).
• Surgery Center Holdings completes acquisition of NovaMed Inc (Illinois) (NOVA).

Updated Deals:

• Chesapeake Energy Corp (CHK) receives early HSR termination in merger with Bronco Drilling Co  Inc (BRNC).
• Valitás Health Services receives early HSR termination in merger with America Service Group Inc (ASGR). 
• API Technologies Corp (ATNY) receives early HSR termination in merger with Spectrum Control Inc (SPEC).
• Endo Pharmaceuticals Holding Inc (ENDP) receives early HSR termination in merger with American Medical Systems Holdings Inc (AMMD).
• Kirby Corp (KEX) files S-4 in merger with K-SEA Transportation Partners LP (KSP).

To Read:

• DealBook: ConAgra Deals in the Show-Me State
• DealBook: Handicapping the Battle Over NYSE Euronext