Sunday, December 30, 2012

The Risk Arbitrage Report for Dec 31, 2012


New Deals:
  • Diodes Inc (DIOD) to acquire BCD Semiconductor Manufacturing Ltd (BCDS).
  • TF Financial Corp (THRD) to acquire Roebling Financial Corp Inc (RBLG).
  • The Carlyle Group, Stone Point Capital LLC, Pictet & Cie and Edmond de Rothschild Group to acquire Duff & Phelps Corp (DUF).
Closed Deals:
Updated Deals:
To Read:

Sunday, December 23, 2012

The Risk Arbitrage Report for Dec 24, 2012

Lots of new deals to noodle on after a very active week of M&A.  

New Deals:
  • IntercontinentalExchange Inc (ICE) to acquire NYSE Euronext (NYX).
  • Joh. A. Benckiser Group to acquire Caribou Coffee Company Inc (CBOU).
  • Sprint Nextel Corp (S) to acquire Clearwire Corp (CLWR).
  • Oracle Corp (ORCL) to acquire Eloqua Inc (ELOQ).
  • Markel Corp (MKL) to acquire Alterra Capital Holdings Ltd (ALTE).
  • GETCO Holding Company to acquire Knight Capital Group Inc (KCG).
  • Nielsen Holdings NV (NLSN) to acquire Arbitron Inc (ARB).
  • Pinnacle Entertainment Inc (PNK) to acquire Ameristar Casinos Inc (ASCA).
  • Värde Partners to acquire Firstcity Financial Corp (FCFC).
  • Giovanna Parent Limited to acquire Focus Media Holding Ltd (FMCN).
  • Hillman Group Cap (HLM-P) to acquire PAULIN H CL A (PAP-A.TO).
  • Investors Bancorp Inc (ISBC) to acquire Roma Financial Corp (ROMA).
  • Central Valley Community Bancorp (CVCY) to acquire Visalia Community Bank (VSMU).
  • CalAmp Corp to acquire WIRELESS MATRIX (WRX.TO).
  • EQT Infrastructure II to acquire Westway Group Inc (WWAY).
  • Management to acquire Shangpharma Corp (SHP).
Busted Deals:
Closed Deals:
Updated Deals:

Sunday, December 16, 2012

The Risk Arbitrage Report for Dec 17, 2012

New Deals:
  • Freeport-McMoRan Copper & Gold Inc (FCX) to acquire Plains Exploration & Production Co (PXP).
  • Freeport-McMoRan Copper & Gold Inc (FCX) to acquire McMoRan Exploration Co (MMR).
  • Toronto-Dominion Bank (TD) to acquire Epoch Holding Corp (EPHC).
  • Linden Capital Partners to acquire Young Innovations Inc (YDNT).
  • Honeywell International Inc (HON) to acquire Intermec Inc (IN).
  • Gilead Sciences Inc (GILD) to acquire YM Biosciences Inc (YMI).
  • Siris Capital Group to acquire TNS Inc (TNS).
  • Sequential Brands Group Inc (SQBG) to acquire Heelys Inc (HLYS).
  • Pernix Therapeutics Holdings Inc (PTX) to acquire Somaxon Pharmaceuticals Inc (SOMX).
Closed Deals:
Updated Deals:
To Read:

Sunday, December 2, 2012

The Risk Arbitrage Report for Dec 3, 2012

New Deals:
  • ConAgra Foods Inc (CAG) to acquire Ralcorp Holdings Inc (RAH).
  • NCR Corp (NCR) to acquire Retalix Ltd (RTLX).
  • Management to acquire Zhongpin Inc (HOGS).
 Closed Deals:
 Updated Deals:
  • Humana Inc (HUM) receives early HSR termination in merger with Metropolitan Health Networks Inc (MDF).
  • Tempur-Pedic International Inc (TPX) received a second request for information under HSR in merger with  Sealy Corp (ZZ).

Monday, November 26, 2012

The Risk Arbitrage Report for Nov 26, 2012

New Deals:
  • Wright Medical Group Inc (WMGI) to acquire BioMimetic Therapeutics Inc (BMTI).
  • Reckitt Benckiser Group  to acquire Schiff Nutrition International Inc (SHF) as agreement with Bayer is terminated.
  • Actian Corp to acquire Versant Corp (VSNT) as BOD terminates agreement with UNICOM.
Closed Deals:
Updated Deals:

Sunday, November 18, 2012

The Risk Arbitrage Report for Nov 19, 2012

New Deals:
  • Leucadia National Corp (LUK) to acquire Jefferies Group Inc (JEF).
  • Starbucks Corp (SBUX) to acquire Teavana Holdings Inc (TEA).
  • Parthenon Capital Partners to acquire White River Capital Inc (RVR).
  • Armada Oil Inc (AOIL) to acquire Mesa Energy Holdings Inc (MSEH).
  • Denison Mines Corp (DNN) to acquire JNR Resources Inc (JNRRF).
  • InterMedia Outdoors Holdings to acquire Outdoor Channel Holdings Inc (OUTD).
Closed Deals:
Updated Deals:

Sunday, November 11, 2012

The Risk Arbitrage Report for Nov 12, 2012

New Deals:
  • Stifel Financial Corp (SF) to acquire KBW Inc (KBW).
  • Humana Inc (HUM) to acquire Metropolitan Health Networks Inc (MDF).
  • PacWest Bancorp (PACW) to acquire First California Financial Group Inc (FCAL).
  • Precision Castparts Corp (PCP) to acquire Titanium Metals Corp (TIE).
  • Sun Pharmaceutical Industries to acquire DUSA Pharmaceuticals Inc (DUSA).
Closed Deals:
Updated Deals:
  • Integrated Device Technology Inc (IDTI) extends tender offer to acquire PLX Technology Inc (PLXT)) to 12/10.
  • Genon Energy Inc (GEN) shareholders approve acquisition by NRG Energy Inc (NRG) .
  • First Reserve Corporation and SK Capital Partners increases offer for TPC Group Inc (TPCG) to $45 from $40.

Friday, November 2, 2012

The Risk Arbitrage Report for Nov 5, 2012


New Deals:
  • RedPrairie to acquire JDA Software Group Inc (JDAS).
  • Riverbed Technology Inc (RVBD) to acquire OPNET Technologies Inc (OPNT).
  • Bayer AG to acquire Schiff Nutrition International Inc (SHF).
  • PVH Corp (PVH) to acquire Warnaco Group Inc (WRC).
  • Curtiss-Wright Corp (CW) to acquire Williams Controls Inc (WMCO).
  • AmericanWest Bank to acquire Premierwest Bancorp (PRWT).
  • As Seen On TV Inc (ASTV) to acquire eDiets.com Inc (DIET).
Closed Deals:
Updated Deals:
  • Ottawa extends review of CNOOC (CEO) bid for Nexen Inc (NXY) to Dec 10.

Sunday, October 28, 2012

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:

Sunday, October 21, 2012

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:
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).

Sunday, October 14, 2012

The Risk Arbitrage Report for Oct 15, 2012

New Deals:
  • NBT Bancorp Inc (NBTB) to acquire Alliance Financial Corp (ALNC).
 Closed Deals:
 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:

Sunday, October 7, 2012

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

Sunday, September 30, 2012

The Risk Arbitrage Report for Oct 1, 2012


Here is the last two weeks of deal news.  

New Deals:
  • Danaher Corp (DHR) to acquire IRIS International Inc (IRIS).
  • Medtronic Inc (MDT) to acquire China Kanghui Holdings (KH).
  • Tempur-Pedic International Inc (TPX) to acquire Sealy Corp (ZZ).
  • Cypress Semiconductor Corp (CY) to acquire Ramtron International Corp (RMTR).
  • BGI-Shenzhen to acquire Complete Genomics Inc (GNOM).
  • Nuance Communications Inc (NUAN) to acquire Ditech Networks Inc (DITC).
  • Digital River Inc (DRIV) to acquire LML Payment Systems Inc (LMLP).
  • Sidewinder Drilling Inc to acquire Union Drilling Inc (UDRL).
  • Aquiline Capital Partners LLC to acquire First Investors Financial Services Group Inc (FIFS).
  • Crescent Financial Bancshares Inc (CRFN) to acquire ECB Bancorp Inc (ECBE).
  • Columbia Banking System Inc (COLB) to acquire West Coast Bancorp (WCBO).
  • Management to acquire China Nuokang Bio Pharmaceutical Inc (NKBP).
 Closed Deals:
Updated Deals:
  • Markwins International Corp to acquire Physicians Formula Holdings Inc (FACE) which terminates the agreement with Swander Pace Capital.
  • SAP (SAP) announces that the HSR waiting period has been terminated in planned merger with Ariba Inc (ARBA).

Monday, September 17, 2012

The Risk Arbitrage Report for Sep 17, 2012




New Deals:
  • Thoma Bravo to acquire Mediware Information Systems Inc (MEDW).
  • FirstMerit Corp (FMER) to acquire Citizens Republic Bancorp Inc (CRBC).
  • Related Companies to acquire KSW Inc (KSW).
  • Old Line Bancshares Inc (OLBK) to acquire WSB Holdings Inc (WSB).

Sunday, September 9, 2012

The Risk Arbitrage Report for Sep 10, 2012


New Deals:
  • Valeant Pharmaceuticals International Inc (VRX) to acquire Medicis Pharmaceutical Corp (MRX).
  • Realty Income Corp (O) to acquire American Realty Capital Trust Inc (ARCT).
Closed Deals:
 Updated Deals:
  • Fidelity National Financial, Inc. (FNF) increases offer for J Alexander's Corp (JAX) to $14.50 from $13.

Sunday, September 2, 2012

The Risk Arbitrage Report for Sep 3, 2012



New Deals:
  • International Business Machines Corp (IBM) to acquire Kenexa Corp (KNXA).
  • M&T Bank Corp (MTB) to acquire Hudson City Bancorp Inc (HCBK).
  • First Reserve Corporation and SK Capital Partners to acquire TPC Group Inc (TPCG).
  • Thoma Bravo to acquire Deltek Inc (PROJ).
  • Enstar Group Ltd (ESGR) to acquire Seabright Holdings Inc (SBX).
  • Validus Holdings Ltd (VR) to acquire Flagstone Reinsurance Holdings SA (FSR).
Closed Deals:
  • Sonus Networks Inc (SONS) completes acquisition of Network Equipment Technologies Inc (NWK).
  • Melrose PLC completes acquisition of Elster Group SE (ELT).
Updated Deals:

Sunday, August 26, 2012

The Risk Arbitrage Report for Aug 27, 2012




New Deals:
  • Hertz Global Holdings Inc (HTZ) to acquire Dollar Thrifty Automotive Group Inc (DTG).
  • FMC Technologies Inc (FTI) to acquire Pure Energy Services Ltd (PUEYF).
  • Aetna Inc (AET) to acquire Coventry Health Care Inc (CVH).
  • Dex One Corp (DEXO) to acquire SuperMedia Inc (SPMD).
  • Mobile Integrated Systems Inc (MIBI) to acquire Quantitative Alpha Trading Inc (QATSF).
  • Health Care REIT Inc (HCN) to acquire Sunrise Senior Living Inc (SRZ).
  • First Pactrust Bancorp Inc (BANC) to acquire The Private Bank of California (PBCA).
  • Rockwood Holdings Inc (ROC) to acquire Talison Lithium Ltd (TLTHF).
  • American Industrial Partners Capital Fund to acquire Presstek Inc (PRST).
Closed Deals:

Sunday, August 19, 2012

The Risk Arbitrage Report for Aug 20, 2012




New Deals:
  • Tokyo Electron Limited to acquire FSI International Inc (FSII).
  • Management to acquire Yucheng Technologies Ltd (YTEC).
  • Sun Pharmaceutical Industries Ltd. (SUNP) to acquire Taro Pharmaceutical Industries Ltd (TARO).
  • Conmed Corp (CNMD) to acquire Viking Systems Inc (VKNG).
  • Camden Partners Holdings to acquire New Horizons Worldwide Inc (NWRZ).
  • Swander Pace Capital to acquire Physicians Formula Holdings Inc (FACE).
  • Western Alliance Bancorporation (WAL) to acquire Western Liberty Bancorp (WLBC).
 Closed Deals:

Sunday, August 12, 2012

The Risk Arbitrage Report for Aug 13, 2012



New Deals:
  • Home Depot Inc (HD) to acquire U.S. Home Systems Inc (USHS).
  • SCBT Financial Corp (SCBT) to acquire Savannah Bancorp Inc (SAVB).
  • HiSoft Technology International Ltd (HSFT) to acquire VanceInfo Technologies Inc (VIT).
  • Customers Bancorp Inc (CUUU) to acquire CMS Bancorp Inc (CMSB).
Closed Deals:

Sunday, August 5, 2012

The Risk Arbitrage Report for Aug 6, 2012


New Deals:
  • Chicago Bridge and Iron Company NV (CBI) to acquire Shaw Group Inc (SHAW).
  • AT&T Inc (T) to acquire NextWave Wireless Ord Shs (WAVE).
  • City Holding Co (CHCO) to acquire Community Financial Corp (CFFC).
Closed Deals:
 Updated Deals:
  • Fidelity National Financial Inc (FNF) increases offer for J Alexander's Corp (JAX) to $13 from $12.
  • Bristol-Myers Squibb Co (BMY) announces that the HSR waiting period has expired in planned merger with Amylin Pharmaceuticals Inc (AMLN).
To Read:

Sunday, July 29, 2012

The Risk Arbitrage Report for July 30, 2012




New Deals:

  • Apple Inc (AAPL) to acquire AuthenTec Inc (AUTH).
  • Genesee & Wyoming Inc (GWR) to acquire Railamerica Inc (RA).
  • Joh. A. Benckiser to acquire Peet's Coffee & Tea Inc (PEET).
  • DigitalGlobe Inc (DGI) to acquire GeoEye Inc (GEOY).
Closed Deals: Updated Deals:
  • The Linde Group  receives early HSR termination in merger with Lincare Holdings Inc (LNCR).
  • One Equity Partners receives early HSR termination in merger with MModal Inc (MODL).

Sunday, July 22, 2012

The Risk Arbitrage Report for July 23, 2012


New Deals:
  • NRG Energy Inc (NRG) to acquire Genon Energy Inc (GEN).
  • Glaxosmithkline (GSK) to acquire Human Genome Sciences Inc (HGSI).
  • TPG Capital to acquire Par Pharmaceutical Companies Inc (PRX).
  • Correct Care Solutions to acquire Conmed Healthcare Management Inc (CONM).
  • WesBanco Inc (WSBC) to acquire Fidelity Bancorp Inc (FSBI).
  • Connecticut Water Service Inc (CTWS) to acquire Biddeford & Saco Water Co (BDDD).
  • Synergy Pharmaceuticals Inc (SGYP) to acquire Callisto Pharmaceuticals Inc (CLSP).
Closed Deals:

Sunday, July 15, 2012

The Risk Arbitrage Report for July 16, 2012


New Deals:
  • WellPoint Inc (WLP) to acquire Amerigroup Corp (AGP).
  • Thomson Reuters Ord Shs (TRI) to acquire FX Alliance Inc (FX).
  • Multiband Corp (MBND) to acquire Mdu Communications International Inc (MDTV).
  • Athene Holding Ltd. to acquire Presidential Life Corp (PLFE).
Busted Deals:
  • Novel Gain Holdings Limited and CACMG Acquisition, Inc. terminates agreement with China Advanced Construction Materials Group Inc (CADC).
 Updated Deals:
  • Standard Microsystems Corp (SMSC) shareholders approve acquisition by Microchip Technology Inc (MCHP).
  • Laboratory Corporation of America Holdings (LH) receives early HSR termination in merger with MEDTOX Scientific Inc (MTOX).

Sunday, July 8, 2012

The Risk Arbitrage Report for July 9, 2012



Despite a holiday shortened week, companies were busy closing out their previously announced deals as 12 acquisitions were closed.

New Deals:
  • Bristol-Myers Squibb Co (BMY) to acquire Amylin Pharmaceuticals Inc (AMLN).
  • ABC-MART, INC. to acquire Lacrosse Footwear Inc (BOOT).
Closed Deals:
To Read:

Monday, July 2, 2012

The Risk Arbitrage Report for July 2, 2012


New Deals:
  • Ingram Micro Inc (IM) to acquire Brightpoint Inc (CELL).
  • The Linde Group  to acquire Lincare Holdings Inc (LNCR).
  • Fidelity National Financial Inc (FNF) to acquire J Alexander's Corp (JAX).
  • ArcLight Capital Partners, LLC to acquire Blackwater Midstream Corp (BWMS).
  • Melrose PLC to acquire Elster Group SE (ELT).
  • Management to acquire Fushi Copperweld Inc (FSIN).
Closed Deals:

Sunday, June 24, 2012

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:
Updated Deals:
To Read:

Sunday, June 17, 2012

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:
To Read:

Sunday, June 10, 2012

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:
Updated Deals:

Sunday, June 3, 2012

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:
Closed Deals:
Updated Deals: