The Risk Arbitrage Report for June 25, 2012

New Deals:

• Sonus Networks Inc (SONS) to acquire Network Equipment Technologies Inc (NWK).
• UNICOM Systems, Inc. to acquire Network Engines Inc (NEI).
• Genesis HealthCare to acquire Sun Healthcare Group Inc (SUNH).
• The Winthrop Corporation to acquire National Patent Development Corp (NPDV).

Closed Deals:

• AstraZeneca  completes acquisition of Ardea Biosciences Inc (RDEA).

Updated Deals:

• Insight Venture Partners increases offer for Quest Software Inc (QSFT) to $25.75 from $23.
• Bluegreen Corp (BXG) shareholders approve acquisition by BFC Financial Corp (BFCF).
• eResearchTechnology Inc (ERT) shareholders approve acquisition by Genstar Capital LLC .

To Read:

• DealBook: Novel Maneuvers in Battle for Quest Software

Merger Arbitrage Spreads Jun 25, 2012

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for June 18, 2012

New Deals:

• Sagard Capital Partners, L.P. to acquire IntegraMed America Inc (INMD).
• Thermo Fisher Scientific Inc (TMO) to acquire Princeton Security Technologies Inc (PSGY).

Closed Deals:

• Ascena Retail Group, Inc  (ASNA) completes acquisition of Charming Shoppes Inc (CHRS).
• NBT Bancorp Inc (NBTB) completes acquisition of Hampshire First Bank (HFBN).

To Read:

• Deal Journal: Quest Software Brings in Competing Bid Using Clever Corporate Engineering

Merger Arbitrage Spreads Jun 18, 2012

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for June 11, 2012

New Deals:

• Laboratory Corporation of America Holdings (LH) to acquire MEDTOX Scientific Inc (MTOX).
• Forestar Group Inc (FOR) to acquire Credo Petroleum Corp (CRED).
• Management to acquire Kenneth Cole Productions Inc (KCP).
• Synergy Health plc  to acquire Sri surgical Express Inc (STRC).
• Trillion Energy Holdings to acquire Gushan Environmental Energy Ltd (GU).
• BNC Bancorp (BNCN) to acquire First Trust Bank (NCFT).
• Peoples Bancorp Inc (PEBO) to acquire Sistersville Bancorp Inc (SVBC).
• Westfield Bancorp, Inc. to acquire Western Reserve Bancorp Inc (WRBO).
• Management to acquire China Transinfo Technology Corp (CTFO).
• Mercury Computer Systems Inc (MRCY) to acquire Micronetics Inc (NOIZ).

Closed Deals:

• Lam Research Corp (LRCX) completes acquisition of Novellus Systems Inc (NVLS).
• Avaya completes acquisition of RADVision Ltd (RVSN).
• Fanatics, Inc. completes acquisition of Dreams Inc (DRJ).
• Bausch + Lomb completes acquisition of Ista Pharmaceuticals Inc (ISTA).

Updated Deals:

• Venoco Inc (VQ) shareholders approve acquisition by Management.
• Ista Pharmaceuticals Inc (ISTA) shareholders approve acquisition by Bausch + Lomb.
• Wolverine World Wide Inc (WWW) receives early HSR termination in merger with Collective Brands Inc (PSS).

Merger Arbitrage Spreads Jun 11, 2012

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for June 4, 2012

New Deals:

• Trustmark Corp (TRMK) to acquire Banctrust Financial Group Inc (BTFG).
• Teledyne Technologies Inc (TDY) to acquire Lecroy Corp (LCRY).
• GS Capital Partners to acquire Interline Brands Inc (IBI).
• National Oilwell Varco, Inc. to acquire CE Franklin Ltd (CFK).
• Sycamore Partners to acquire Talbots Inc (TLB).
• United Financial Bancorp Inc (UBNK) to acquire New England Bancshares Inc (NEBS).
• Berkshire Hills Bancorp Inc (BHLB) to acquire Beacon Federal Bancorp Inc (BFED).
• Verizon Communications Inc (VZ) to acquire HUGHES Telematics Inc (HUTC).

Busted Deals:

• The Gores Group terminates agreement with Pep Boys-Manny Moe & Jack (PBY).

Closed Deals:

• Aon Corp (AON) completes acquisition of Access Plans Inc (APNC).
• Viasystems Group Inc (VIAS) completes acquisition of DDi Corp (DDIC).
• Adidas-Salomon ADR (ADDYY) completes acquisition of Adams Golf, Inc. (ADGF).
• Sandy Spring Bancorp Inc (SASR) completes acquisition of CommerceFirst Bancorp, Inc. (CMFB).

Updated Deals:

• DTS Inc (DTSI) announces that the HSR waiting period has expired in planned merger with SRS Labs Inc (SRSL).

Merger Arbitrage Spreads Jun 4, 2012

The latest stock merger arbitrage spreads: