The Risk Arbitrage Report for Oct 10, 2011

New Deals:

• Aci Worldwide Inc (ACIW) to acquire S1 Corp (SONE).
• The Carlyle Group and Hellman & Friedman to acquire Pharmaceutical Product Development Inc (PPDI).
• Sbar’s, Inc. to acquire A.C. Moore Arts & Crafts Inc (ACMR).
• Angelo, Gordon & Co to acquire C&D Technologies, Inc. (CHHP).
• Solutia Inc (SOA) to acquire Southwall Technologies Inc (SWTX).

 Closed Deals:

• Providence Equity Partners completes acquisition of Blackboard Inc (BBBB).
• Level 3 Communications Incorporated (LVLT) completes acquisition of Global Crossing Ltd (GLBC).
• National Oilwell VarCo  Inc (NOV) completes acquisition of Ameron International Corp (AMN).
• Susquehanna Bancshares Inc (SUSQ) completes acquisition of Abington Community Bancorp Inc (ABBC).
• KAR Auction Services Inc (KAR) completes acquisition of Openlane Inc (OPNN).
• Metropolitan Health Networks Inc (MDF) completes acquisition of Continucare Corp (CNU).

Updated Deals:

• Express Scripts  Inc (ESRX) files S-4 in merger with Medco Health Solutions Inc (MHS).
• Teva Pharmaceutical Industries ADR Reptg One Ord Shs (TEVA) receives early HSR termination in merger with Cephalon Inc (CEPH).

To Read:

• DealBook: A Strange Lesson From Renaissance Learning