The Risk Arbitrage Report for Oct 29, 2012

New Deals:

• McKesson Corp (MCK) to acquire PSS World Medical Inc (PSSI).
• Permira to acquire Ancestry.Com Inc (ACOM).
• Toyota Industries Corporation to acquire Cascade Corp (CASC).
• F.N.B. Corp (FNB) to acquire Annapolis Bancorp Inc (ANNB).
• BBCN Bancorp Inc (BBCN) to acquire Pacific International Bancorp Inc (PIBW).
• Polyone Corp (POL) to acquire Spartech Corp (SEH).

Updated Deals:

• Amerigroup Corp (AGP) shareholders approve acquisition by WellPoint Inc (WLP).
• Cooper Industries PLC (CBE) shareholders approve acquisition by Eaton Corp (ETN).

Merger Arbitrage Spreads Oct 29, 2012

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for Oct 22, 2012

New Deals:

• ASML Holding NY Reg ADR (ASML) to acquire Cymer Inc (CYMI).
• Exxon Mobil Corp (XOM) to acquire Celtic Exploration Ltd. (CLT.TO).
• Management to acquire Cybex International Inc (CYBI).
• Penns Woods Bancorp Inc (PWOD) to acquire Luzerne National Bank Corp (LUZR).

Closed Deals:

• Ingram Micro Inc (IM) completes acquisition of Brightpoint Inc (CELL).
• Trillion Energy Holdings completes acquisition of Gushan Environmental Energy Ltd (GU).
• Berkshire Hills Bancorp Inc (BHLB) completes acquisition of Beacon Federal Bancorp Inc (BFED).
• ArcLight Capital Partners, LLC completes acquisition of Blackwater Midstream Corp (BWMS).
• Western Alliance Bancorporation (WAL) completes acquisition of Western Liberty Bancorp (WLBC).

Updated Deals:

• Sidewinder Drilling Inc receives early HSR termination in merger with Union Drilling Inc (UDRL).
• Cypress Semiconductor Corp (CY) completes tender offer for Ramtron International Corp (RMTR).
• Canada's broadcast regulator rejects BCE Inc. bid for ASTRAL MEDIA INC. (ACM-A.TO).

Merger Arbitrage Spreads Oct 22, 2012

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for Oct 15, 2012

New Deals:

• NBT Bancorp Inc (NBTB) to acquire Alliance Financial Corp (ALNC).

 Closed Deals:

• Wolverine World Wide Inc (WWW) completes acquisition of Collective Brands Inc (PSS).
• Thoma Bravo completes acquisition of Deltek Inc (PROJ).
• Tokyo Electron Limited completes acquisition of FSI International Inc (FSII).
• Related Companies completes acquisition of KSW Inc (KSW).

 Updated Deals:

• National Oilwell Varco Inc (NOV) received a second request for information under HSR in merger with  Robbins & Myers Inc (RBN).
• Danaher Corp (DHR) receives early HSR termination in merger with IRIS International Inc (IRIS).

 To Read:

• FORTUNE: U.S. execs expect fewer deals in 2013

Merger Arbitrage Spreads Oct 15, 2012

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for Oct 8, 2012

New Deals:

• 3M Co (MMM) to acquire Ceradyne Inc (CRDN).
• UNICOM Systems, Inc to acquire Versant Corp (VSNT).
• Constellation Software Inc. (CSU.TO) to acquire Computer Software Innovations Inc (CSWI).

Closed Deals:

• Apple Inc (AAPL) completes acquisition of AuthenTec Inc (AUTH).
• SAP (SAP) completes acquisition of Ariba Inc (ARBA).
• Energy Transfer Partners LP (ETP) completes acquisition of Sunoco Inc (SUN).
• Genesee & Wyoming Inc (GWR) completes acquisition of Railamerica Inc (RA).
• Management completes acquisition of Venoco Inc (VQ).
• FMC Technologies Inc (FTI) completes acquisition of Pure Energy Services Ltd (PUEYF).
• Park Sterling Corp (PSTB) completes acquisition of Citizens South Banking Corp (CSBC).
• Capital Bank Financial Corp completes acquisition of Southern Community Financial Corporation (SCMF).

Updated Deals:

• Aetna Inc (AET) withdraws and will re-file HSR forms in merger with  Coventry Health Care Inc (CVH).

To Read:

• Dealpolitik: Sealy Deal Raises Trifecta of Delaware Law Issues
• Dealbook: Why MetroPCS Is Truly in Play

Merger Arbitrage Spreads Oct 8, 2012

The latest stock merger arbitrage spreads: