The Risk Arbitrage Report for December 28, 2013

New Deals:

• Seagate Technology PLC (STX) to acquire Xyratex Ltd. (XRTX).
• Engility Holdings Inc (EGL) to acquire Dynamics Research Corporation (DRCO).
• Intrexon Corp (XON) to acquire Medistem  (MEDS).

Closed Deals:

• Gannett Co., Inc. (GCI) completes acquisition of Belo Corp (BLC).
• Service Corporation Internatio (SCI) completes acquisition of Stewart Enterprises, Inc. (STEI).
• Tsinghua Unigroup completes acquisition of Spreadtrum Communications, Inc (SPRD).
• Management completes acquisition of Simcere Pharmaceutical Group (SCR).

Updated Deals:

• Fidelity National Financial In (FNF) announces that the HSR waiting period has expired in planned merger with Lender Processing Services, In (LPS).
• Rda Microelectronics Inc (ADR) (RDA) shareholders approve acquisition by Tsinghua Unigroup.

Merger Arbitrage Spreads Dec 28, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for December 23, 2013

New Deals:

• Oracle Corporation (ORCL) to acquire Responsys Inc (MKTG).
• Avago Technologies Ltd (AVGO) to acquire LSI Corp (LSI).
• Sycamore Partners to acquire Jones Group Inc., The (JNY).
• Jazz Pharmaceuticals PLC (JAZZ) to acquire Gentium S.p.A. (ADR) (GENT).
• KKR & Co. L.P. (KKR) to acquire KKR Financial Holdings LLC (KFN).
• Harland Clarke Holdings Corp to acquire Valassis Communications, Inc. (VCI).
• Southwire Company to acquire Coleman Cable, Inc. (CCIX).
• TPG to acquire Arden Group, Inc. (ARDNA).
• Prospect Capital Corporation (PSEC) to acquire Nicholas Financial, Inc. (NICK).
• Griffin Holdings, LLC to acquire Tufco Technologies, Inc. (TFCO).
• Valeant Pharmaceuticals Intl (VRX) to acquire Solta Medical Inc (SLTM).
• Essex Property Trust Inc (ESS) to acquire BRE Properties Inc (BRE).
• Renewable Energy Group Inc (REGI) to acquire Syntroleum Corp (SYNM).
• Endo Health Solutions Inc (ENDP) to acquire NuPathe Inc (PATH).
• Management to acquire Frederick's of Hollywood Group (FOHL).
• Primero Mining Corp (PPP) to acquire Brigus Gold Corp (USA) (BRD).

Busted Deals:

• CMS Bancorp, Inc. (CMSB) says they will not extend the termination date and will allow the merger to be terminated with Customers Bancorp (CUBI).

Closed Deals:

• Berkshire Hathaway (BRK.B) completes acquisition of NV Energy, Inc. (NVE).
• Perrigo Company (PRGO) completes acquisition of Elan Corporation, plc (ADR) (ELN).
• Pioneer Natural Resources (PXD) completes acquisition of Pioneer Southwest Energy Partn (PSE)
• Stryker Corporation (SYK) completes acquisition of MAKO Surgical Corp. (MAKO).
• Linn Energy LLC (LINE) completes acquisition of Berry Petroleum Company (BRY).
• Parkway Properties Inc (PKY) completes acquisition of Thomas Properties Group, Inc. (TPGI).
• M/A-COM Technology Solutions H (MTSI) completes acquisition of Mindspeed Technologies, Inc. (MSPD).

Updated Deals:

• Endo Health Solutions Inc (ENDP) receives early HSR termination in merger with Paladin Labs Inc (PLB.TO).
• RR Donnelley & Sons Co (RRD) announces that the HSR waiting period has expired in planned merger with Consolidated Graphics, Inc. (CGX).
• Lender Processing Services, In (LPS) shareholders approve acquisition by Fidelity National Financial In (FNF).
• Asiainfo-Linkage Inc (ASIA) shareholders approve acquisition by CITIC Capital Partners.
• Simcere Pharmaceutical Group (SCR) shareholders approve acquisition by Management.
• Vitran Corporation, Inc. (USA) (VTNC) receives a superior proposal from TransForce Inc (TFIFF).

Merger Arbitrage Spreads Dec 23, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for December 16, 2013

New Deals:

• Fortis, Inc (FTS.TO) to acquire UNS Energy Corp (UNS).
• Manitoulin Transport to acquire Vitran Corporation, Inc. (USA) (VTNC).
• Emergent Biosolutions Inc (EBS) to acquire Cangene Corp (CNJ.TO).
• Petroflow Energy to acquire Equal Energy Ltd (EQU).
• Sonus Networks, Inc. (SONS) to acquire Performance Technologies (PTIX).
• Management to acquire Trunkbow International Holding (TBOW).

Closed Deals:

• Koch Industries completes acquisition of Molex Incorporated (MOLX).
• Wasserstein & Co completes acquisition of Globecomm Systems, Inc. (GCOM).
• Cumulus Media Inc completes acquisition of Westwood One Inc (DIAL).

Updated Deals:

• MAKO Surgical Corp. (MAKO) shareholders approve acquisition by Stryker Corporation (SYK) .
• Salix Pharmaceuticals, Ltd. (SLXP) announces that the HSR waiting period has expired in planned merger with Santarus, Inc. (SNTS).
• Shire PLC (ADR) (SHPG) announces that the HSR waiting period has expired in planned merger with Viropharma Inc (VPHM).

Merger Arbitrage Spreads Dec 16, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for December 9, 2013

New Deals:

• Covidien plc (COV) to acquire Given Imaging Ltd. (GIVN).
• Genuine Parts Company (GPC) to acquire Commercial Solutions (CSA.TO).
• GTCR, LLC to acquire Food Technology Service Inc (VIFL).

Closed Deals:

• Marlin Equity Partners completes acquisition of Tellabs, Inc. (TLAB).
• Peoples Financial Services Corp (PFIS) completes acquisition of Penseco Financial Services Corp (PFNS).
• Bank of Marin Bancorp (BMRC) completes acquisition of NorCal Community Bancorp (NCLC).
• Investors Bancorp, Inc. (ISBC) completes acquisition of Roma Financial Corporation (ROMA).

Updated Deals:

• CSC ServiceWorks announces that the HSR waiting period has expired in planned merger with Mac-Gray Corporation (TUC).
• Stellarone Corp (STEL) shareholders approve acquisition by Union First Market Bankshares (UBSH).

Merger Arbitrage Spreads Dec 9, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for December 2, 2013

New Deals:

• Nielsen Hldg NV (NLSN) to acquire Harris Interactive Inc. (HPOL).
• Permira funds to acquire Atrium Innovations (ATB.TO).

Closed Deals:

• Bally Technologies Inc. (BYI) completes acquisition of SHFL entertainment Inc (SHFL).
• Microsemi Corporation (MSCC) completes acquisition of Symmetricom, Inc. (SYMM).

Updated Deals:

• M/A-COM Technology Solutions H (MTSI) receives early HSR termination in merger with Mindspeed Technologies, Inc. (MSPD).

Merger Arbitrage Spreads Dec 2, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for November 25, 2013

New Deals:

• RCS Capital Corp (RCAP) to acquire Summit Financial Services Grou (SFNS).
• Compañia Española de Petroleos to acquire Coastal Energy Company (CEN.TO).

Busted Deals:

• Management terminates purchase agreement with Brazil Fast Food Corp. (BOBS).

Closed Deals:

• Vista Equity Partners completes acquisition of Active Network Inc (ACTV).
• Spartan Stores, Inc. (SPTN) completes acquisition of Nash-Finch Company (NAFC).
• Aurora Capital Group completes acquisition of National Technical Systems, In (NTSC).
• Sumitomo Corporation completes acquisition of Edgen Group Inc (EDG).
• Wilshire Bancorp Inc (WIBC) completes acquisition of Saehan Bancorp (SAEB).
• Haven Bancorp completes acquisition of Hilltop Community Bancorp (HTBC).

Updated Deals:

• Elan Corporation, plc (ADR) (ELN) shareholders approve acquisition by Perrigo Company (PRGO).
• Microsemi Corporation (MSCC) receives early HSR termination in merger with Symmetricom, Inc. (SYMM).
• Eldorado Resorts updates merger consideration in merger with MTR Gaming Group, Inc. (MNTG).
• SHFL entertainment Inc (SHFL) shareholders approve acquisition by Bally Technologies Inc. (BYI).

Merger Arbitrage Spreads Nov 25, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for November 18, 2013

New Deals:

• Shire PLC (ADR) (SHPG) to acquire Viropharma Inc (VPHM).
• Sterling Partners to acquire Innotrac Corporation (INOC).
• Mitel Networks Corporation (MITL) to acquire Aastra Technologies Limited (AAH.TO).
• Tsinghua Unigroup to acquire Rda Microelectronics Inc (ADR) (RDA).
• Rockville Financial Inc (RCKB) to acquire United Financial Bancorp, Inc. (UBNK).

Closed Deals:

• IntercontinentalExchange Inc (ICE) completes acquisition of NYSE Euronext (NYX).
• C.R. Bard, Inc. (BCR) completes acquisition of Rochester Medical Corporation (ROCM).
• First Merchants Corporation (FRME) completes acquisition of CFS Bancorp, Inc. (CITZ).
• Independent Bank Corp (INDB) completes acquisition of Mayflower Bancorp Inc. (MFLR).

Updated Deals:

• Molex Incorporated (MOLX) shareholders approve acquisition by Koch Industries.

Merger Arbitrage Spreads Nov 18, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for November 11, 2013

New Deals:

• Veritas Capital to acquire Anaren, Inc. (ANEN).
• Salix Pharmaceuticals, Ltd. (SLXP) to acquire Santarus, Inc. (SNTS).
• M/A-COM Technology Solutions H (MTSI) to acquire Mindspeed Technologies, Inc. (MSPD).
• Essilor International to acquire Costa Inc (ATX).
• Endo Health Solutions Inc (ENDP) to acquire Paladin Labs Inc (PLB.TO).
• Independence Bank to acquire Premier Service Bank (PSBK).
• Home Bancorp, Inc. (HBCP) to acquire Britton & Koontz Capital Corp (BKBK).

Busted Deals:

• Broadcast International, Inc. (BCST) terminates agreement with AllDigital Holdings Inc (ADGL).

Closed Deals:

• Office Depot Inc (ODP) completes acquisition of OfficeMax Inc (OMX).
• Hudson’s Bay Company (HBC.TO) completes acquisition of Saks Inc (SKS).
• ACI Worldwide Inc (ACIW) completes acquisition of Official Payments Holdings Inc (OPAY).
• Vitera Healthcare Solutions completes acquisition of Greenway Medical Technologies, (GWAY).
• Sport-Haley Holdings (SPOR) completes acquisition of Chromcraft Revington, Inc. (CRCV).
• American Realty Capital Proper (ARCP) completes acquisition of CapLease, Inc. (LSE).
• BNC Financial Group (BNFI) completes acquisition of The Wilton Bank (WIBW).

Updated Deals:

• Linn Energy LLC (LINE) updates merger consideration in merger with Berry Petroleum Company (BRY).
• Saehan Bancorp (SAEB) shareholders approve acquisition by Wilshire Bancorp Inc (WIBC).

Merger Arbitrage Spreads Nov 11, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for November 4, 2013

New Deals:

• RCS Capital Corp (RCAP) to acquire Investors Capital Holdings Ltd (ICH).

Busted Deals:

• Alco Stores Inc (ALCS) terminates agreement with Argonne Capital Group as shareholders voted against the deal.

Closed Deals:

• Management completes acquisition of Dell Inc. (DELL).
• Management completes acquisition of Dole Food Company Inc (DOLE).
• Juniper Investment Company completes acquisition of Theragenics Corporation (TGX).
• Provident New York Bancorp (PBNY) completes acquisition of Sterling Bancorp (STL).
• BASF Corp completes acquisition of Verenium Corp (VRNM).

Updated Deals:

• FTC clears merger of Office Depot Inc (ODP) and OfficeMax Inc (OMX).
• Omnicom Group Inc. (OMC) announces that the HSR waiting period has expired in planned merger with Publicis Groupe (PGPEF).
• Leap Wireless International (LEAP) shareholders approve acquisition by AT&T Inc. (T).
• Saks Inc (SKS) shareholders approve acquisition by Hudson’s Bay Company (HBC.TO).

Merger Arbitrage Spreads Nov 4, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for October 28, 2013

New Deals:

• American Realty Capital Properties (ARCP) to acquire Cole Real Estate Investments (COLE).
• Marlin Equity Partners to acquire Tellabs, Inc. (TLAB).
• McKesson Corp to acquire Celesio AG (CAKFY).
• Tower Three Partners to acquire NTS Inc (NTS).
• 
  
• RR Donnelley & Sons Co (RRD) to acquire Consolidated Graphics, Inc. (CGX).
• Microsemi Corporation (MSCC) to acquire Symmetricom, Inc. (SYMM).
• Plains All American Pipeline (PAA) to acquire PAA Natural Gas Storage, L.P. (PNG).
• CSC ServiceWorks to acquire Mac-Gray Corporation (TUC).
• Heritage Financial Corporation (HFWA) to acquire Washington Banking Co (WBCO).
• Heritage Oaks Bancorp (HEOP) to acquire Mission Community Bancorp(NDA) (MISN).
• Northrim BanCorp, Inc. (NRIM) to acquire Alaska Pacific Bancshares, Inc (AKPB).
• Cascade Bancorp (CACB) to acquire Home Federal Bancorp, Inc. (HOME).

Closed Deals:

• Packaging Corp Of America (PKG) completes acquisition of Boise Inc. (BZ).
• Cubist Pharmaceuticals Inc (CBST) completes acquisition of Optimer Pharmaceuticals, Inc. (OPTR).
• New Hampshire Thrift Bancshare (NHTB) completes acquisition of CENTRAL FINCL COR (CEVT).

Merger Arbitrage Spreads Oct 28, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for October 21, 2013

New Deals:

• Blackstone and Management to acquire Pactera Technology Intl Ltd (PACT).

Closed Deals:

• The Pritzker Organization completes acquisition of TMS International Corp. (TMS).
• Scientific Games Corp (SGMS) completes acquisition of WMS Industries Inc. (WMS).
• Brookfield Office Properties I (BPO) completes acquisition of Mpg Office Trust Inc (MPG).
• SKF completes acquisition of Kaydon Corporation (KDN).
• American CyberSystems, Inc completes acquisition of Analysts International Corpora (ANLY).
• CNB Financial Corporation Inc (CCNE) completes acquisition of FC BANC CORP (OH) (FCBZ).
• F.N.B. Corp (FNB) completes acquisition of PVF Capital Corporation (PVFC).

Updated Deals:

• ACI Worldwide Inc (ACIW) announces that the HSR waiting period has expired in planned merger with Official Payments Holdings Inc (OPAY).
• Theragenics Corporation (TGX) shareholders approve acquisition by Juniper Investment Company.

Merger Arbitrage Spreads Oct 21, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for October 14, 2013

New Deals:

• Regency Energy Partners LP (RGP) to acquire PVR Partners LP (PVR).
• Huntington Bancshares Incorpor (HBAN) to acquire Camco Financial Corp. (CAFI).

Closed Deals:

• Apax Partners completes acquisition of rue21, inc. (RUE).
• Hanesbrands Inc. (HBI) completes acquisition of Maidenform Brands, Inc. (MFB).
• Amgen, Inc. (AMGN) completes acquisition of Onyx Pharmaceuticals, Inc. (ONXX).
• Otsuka Pharmaceutica completes acquisition of Astex Pharmaceuticals Inc (ASTX).
• DC Capital completes acquisition of Michael Baker Corp (BKR).
• Cisco Systems, Inc. (CSCO) completes acquisition of Sourcefire, Inc. (FIRE).
• Inergy Midstream L P (NRGM) completes acquisition of Crestwood Midstream Partners L (CMLP).

Updated Deals:

• Community Health Systems (CYH) received a Request for Additional Information from the FTC in the merger with Health Management Associates I (HMA).

To Read

• Deal Book: The Hurdles Ahead for a Cooper Tire Deal

Merger Arbitrage Spreads Oct 14, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for October 7, 2013

New Deals:

• Vista Equity Partners to acquire Active Network Inc (ACTV).
• Sumitomo Corporation to acquire Edgen Group Inc (EDG).
• Sport-Haley Holdings (SPOR) to acquire Chromcraft Revington, Inc. (CRCV).

Closed Deals:

• Nielsen Hldg NV (NLSN) completes acquisition of Arbitron Inc. (ARB).\
• Actavis Inc (ACT) completes acquisition of Warner Chilcott Plc (WCRX).
• Tenet Healthcare Corp (THC) completes acquisition of Vanguard Health Systems, Inc. (VHS).
• Fairfax Financial Holdings (FFH.TO) completes acquisition of American Safety Insurance Hold (ASI).
• Maxim Integrated Products Inc. (MXIM) completes acquisition of Volterra Semiconductor Corpora (VLTR).
• Triumph Group completes acquisition of General Donlee Canada (GDI.TO).
• Mid-America Apartment Communit (MAA) completes acquisition of Colonial Properties Trust Inc (CLP).
• Contango Oil & Gas Company (MCF) completes acquisition of Crimson Exploration Inc. (CXPO).
• German American Bancorp., Inc. (GABC) completes acquisition of United Commerce Bancorp (UCBN).
• C&F Financial Corp (CFFI) completes acquisition of Central Virginia Bankshares (CVBK).
• BNC Bancorp (BNCN) completes acquisition of Randolph Bank & Trust (RDBN).
• Sterling Financial Corporation (STSA) completes acquisition of COMMERCE NATL BK  (CNBF).

Updated Deals:

• Cooper Tire & Rubber Co (CTB) shareholders approve acquisition by Apollo Tyre (APOLLOTYRE).
• Packaging Corp Of America (PKG) receives early HSR termination in merger with Boise Inc. (BZ).
• Harris Teeter Supermarkets Inc (HTSI) shareholders approve acquisition by Kroger Co., The (KR).
• Maidenform Brands, Inc. (MFB) shareholders approve acquisition by Hanesbrands Inc. (HBI).
• Edwards Group Ltd - ADR (EVAC) shareholders approve acquisition by Atlas Copco Group.

Merger Arbitrage Spreads Oct 7, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for September 30, 2013

New Deals:

• Stryker Corporation (SYK) to acquire MAKO Surgical Corp. (MAKO).
• ProAssurance Corporation (PRA) to acquire Eastern Insurance Holdings Inc (EIHI).
• Vitera Healthcare Solutions to acquire Greenway Medical Technologies, (GWAY).
• ACI Worldwide Inc (ACIW) to acquire Official Payments Holdings Inc (OPAY).
• Management to acquire Yongye International, Inc (YONG).
• Management to acquire Brazil Fast Food Corp. (BOBS).
• Toray Industries to acquire Zoltek Companies, Inc. (ZOLT).

Closed Deals:

• Shuanghui International Holdings completes acquisition of Smithfield Foods, Inc. (SFD).

Updated Deals:

• NV Energy, Inc. (NVE) shareholders approve acquisition by Berkshire Hathaway (BRK.B) .
• Belo Corp (BLC) shareholders approve acquisition by Gannett Co., Inc. (GCI).

Merger Arbitrage Spreads Sep 30, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for September 23, 2013

New Deals:

• Packaging Corp Of America (PKG) to acquire Boise Inc. (BZ).
• BASF Corp to acquire Verenium Corp (VRNM).
• East West Bancorp, Inc. (EWBC) to acquire MetroCorp Bancshares, Inc. (MCBI).
• Chiesi Farmaceutici S.p.A. to acquire Cornerstone Therapeutics, Inc. (CRTX).
• Management to acquire Camelot Information Systems In (CIS).

Closed Deals:

• Honeywell International Inc. (HON) completes acquisition of Intermec Inc. (IN).
• Paulson & Co completes acquisition of Steinway Musical Instruments I (LVB).
• IDG-Accel China Capital II completes acquisition of MEMSIC, INC. (MEMS).

Updated Deals:

• Nielsen Hldg NV (NLSN) receives FTC approval in merger with Arbitron Inc. (ARB).
• rue21, inc. (RUE) shareholders approve acquisition by Apax Partners.
• Amgen, Inc. (AMGN) receives early HSR termination in merger with Onyx Pharmaceuticals, Inc. (ONXX).
• Cubist Pharmaceuticals Inc (CBST) announces that the HSR waiting period has expired in planned merger with Optimer Pharmaceuticals, Inc. (OPTR).
• Mayflower Bancorp Inc. (MFLR) shareholders approve acquisition by Independent Bank Corp (INDB).

Merger Arbitrage Spreads Sep 23, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for September 16, 2013

New Deals:

• Koch Industries to acquire Molex Incorporated (MOLX).
• Umpqua Holdings Corp (UMPQ) to acquire Sterling Financial Corporation (STSA).
• Eldorado Resorts to merge with MTR Gaming Group, Inc. (MNTG).
• Cardinal Financial Corporation (CFNL) to acquire United Financial Banking Companies (UFBC).
• Old National Bancorp (ONB) to acquire Tower Financial Corporation (TOFC).

Closed Deals:

• Bain Capital and Golden Gate Capital completes acquisition of BMC Software, Inc. (BMC).
• Western Digital Corp (WDC) completes acquisition of STEC, Inc. (STEC).
• Sunny Optics completes acquisition of Meade Instruments Corp. (MEAD).
• Cubist Pharmaceuticals Inc (CBST) completes acquisition of Trius Therapeutics, Inc. (TSRX).
• Integrated Electrical Services (IESC) completes acquisition of Miscor Group Ltd. (MIGL).

Updated Deals:

• Dell Inc. (DELL) shareholders approve acquisition by Management.
• Honeywell International Inc. (HON) receives early HSR termination in merger with Intermec Inc. (IN).
• Maxim Integrated Products Inc. (MXIM) announces that the HSR waiting period has expired in planned merger with Volterra Semiconductor Corpora (VLTR).
• Cubist Pharmaceuticals Inc (CBST) announces that the HSR waiting period has expired in planned merger with Optimer Pharmaceuticals, Inc. (OPTR).
• CapLease, Inc. (LSE) shareholders approve acquisition by American Realty Capital Proper (ARCP).

The Risk Arbitrage Report for September 9, 2013

New Deals:

• C.R. Bard, Inc. (BCR) to acquire Rochester Medical Corporation (ROCM).
• SKF to acquire Kaydon Corporation (KDN).
• Otsuka Pharmaceutica to acquire Astex Pharmaceuticals Inc (ASTX).
• Parkway Properties Inc (PKY) to acquire Thomas Properties Group, Inc. (TPGI).

Closed Deals:

• Renasant Corp. (RNST) completes acquisition of First M & F Corporation (FMFC).
• SI Financial Group, Inc. (SIFI) completes acquisition of Newport Bancorp, Inc. (NFSB).

Updated Deals:

• Paulson & Co receives early HSR termination in merger with Steinway Musical Instruments I (LVB).
• Shuanghui International Holdings receives CFIUS clearance in merger with Smithfield Foods, Inc. (SFD).
• Spreadtrum Communications, Inc (SPRD) shareholders approve acquisition by Tsinghua Unigroup.
• Randolph Bank & Trust (RDBN) shareholders approve acquisition by BNC Bancorp (BNCN).

Merger Arbitrage Spreads Sep 9, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for September 2, 2013

New Deals:

• The Pritzker Organization to acquire TMS International Corp. (TMS).
• Akorn, Inc. (AKRX) to acquire Hi-Tech Pharmacal Co. (HITK).
• American CyberSystems, Inc to acquire Analysts International Corpora (ANLY).
• Wasserstein & Co to acquire Globecomm Systems, Inc. (GCOM).
• Management to acquire Simcere Pharmaceutical Group (SCR).

Closed Deals:

• CECO Environmental Corp. (CECE) completes acquisition of Met-Pro Corporation (MPR).
• Intermedia completes acquisition of Telanetix Inc (TNIX).
• Goodman Networks Inc completes acquisition of Multiband Corp (MBND).
• Opko Health Inc. (OPK) completes acquisition of PROLOR Biotech Inc (PBTH).
• Duff Brothers Capital completes acquisition of Frozen Food Express Industries (FFEX).

Updated Deals:

• Hudson’s Bay Company (HBC.TO) receives early HSR termination in merger with Saks Inc (SKS).
• American Safety Insurance Hold (ASI) shareholders approve acquisition by Fairfax Financial Holdings (FFH.TO).
• Bally Technologies Inc. (BYI) announces that the HSR waiting period has expired in planned merger with SHFL entertainment Inc (SHFL).

Merger Arbitrage Spreads Sep 2, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for August 26, 2013

New Deals:

• Amgen, Inc. (AMGN) to acquire Onyx Pharmaceuticals, Inc. (ONXX).
• Atlas Copco Group to acquire Edwards Group Ltd - ADR (EVAC).
• Triumph Group to acquire General Donlee Canada (GDI.TO).

Closed Deals:

• Trulia Inc (TRLA) completes acquisition of Market Leader Inc (LEDR).
• Thoma Bravo, LLC completes acquisition of Keynote Systems, Inc. (KEYN).
• Georgia-Pacific completes acquisition of Buckeye Technologies Inc. (BKI).

Updated Deals:

• Gannett Co., Inc. (GCI) received a second request for information under HSR in merger with  Belo Corp (BLC).
• Life Technologies Corp. (LIFE) shareholders approve acquisition by Thermo Fisher Scientific Inc. (TMO).

Merger Arbitrage Spreads Aug 26, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for August 19, 2013

New Deals:

• Management to acquire Dole Food Company, Inc. (DOLE).
• Aurora Capital Group to acquire National Technical Systems, In (NTSC).
• Maxim Integrated Products Inc. (MXIM) to acquire Volterra Semiconductor Corpora (VLTR).
• Steinway Musical Instruments I (LVB) agrees to be acquired by Paulson & Co and terminates deal with Kohlberg & Company.
• Pioneer Natural Resources (PXD) to acquire Pioneer Southwest Energy Partn (PSE).
• Juniper Investment Company to acquire Theragenics Corporation (TGX).
• Mercantile Bank Corp. (MBWM) to acquire Firstbank Corporation (FBMI).

Closed Deals:

• Pinnacle Entertainment, Inc (PNK) completes acquisition of Ameristar Casinos, Inc. (ASCA).
• Sinclair Broadcast Group, Inc. (SBGI) completes acquisition of Fisher Communications, Inc. (FSCI).
• Management completes acquisition of American Greetings Corporation (AM).
• Bellisio Foods, Inc completes acquisition of Overhill Farms, Inc. (OFI).

Updated Deals:

• Fisher Communications, Inc. (FSCI) shareholders approve acquisition by Sinclair Broadcast Group, Inc. (SBGI).
• Buckeye Technologies Inc. (BKI) shareholders approve acquisition by Georgia-Pacific.
• Stewart Enterprises, Inc. (STEI) shareholders approve acquisition by Service Corporation Internation (SCI) .

Merger Arbitrage Spreads Aug 19, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for August 5, 2013

New Deals:

• Community Health Systems (CYH) to acquire Health Management Associates I (HMA).
• Perrigo Company (PRGO) to acquire Elan Corporation, plc (ADR) (ELN).
• Cubist Pharmaceuticals Inc (CBST) to acquire Trius Therapeutics, Inc. (TSRX).
• Cubist Pharmaceuticals Inc (CBST) to acquire Optimer Pharmaceuticals, Inc. (OPTR).
• Hudson’s Bay Company (HBC.TO) to acquire Saks Inc (SKS).
• Omnicom Group Inc. (OMC) to acquire Publicis Groupe (PGPEF).
• DC Capital to acquire Michael Baker Corp (BKR).

Closed Deals:

• KKR completes acquisition of Gardner Denver, Inc. (GDI).
• TowerBrook Capital Partners completes acquisition of True Religion Apparel, Inc. (TRLG).

Updated Deals:

• Management updates merger consideration in merger with Dell Inc. (DELL).
• Apollo Tyre (APOLLOTYRE) announces that the HSR waiting period has expired in planned merger with Cooper Tire & Rubber Co (CTB).
• Commerce Natl Bk Ca (CNBF) shareholders approve acquisition by Sterling Financial Corporation (STSA).

Merger Arbitrage Spreads Aug 5, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for July 28, 2013

New Deals:

• Cisco Systems, Inc. (CSCO) to acquire Sourcefire, Inc. (FIRE).
• Hanesbrands Inc. (HBI) to acquire Maidenform Brands, Inc. (MFB).
• Argonne Capital Group to acquire Alco Stores Inc (ALCS).
• PacWest Bancorp (PACW) to acquire CapitalSource, Inc. (CSE).
• German American Bancorp., Inc. (GABC) to acquire United Commerce Bancorp (UCBN).
• Spartan Stores, Inc. (SPTN) to acquire Nash-Finch Company (NAFC).

Closed Deals:

• ABB Ltd (ADR) (ABB) completes acquisition of Power One Inc (PWER).
• SCBT Financial Corporation (SCBT) completes acquisition of First Financial Holdings, Inc. (FFCH).
• Brookfield Capital Partners completes acquisition of Insignia Energy Ltd. (ISNAF).
• Hubspoke Holdings completes acquisition of Veramark Technologies, Inc. (VERA).

 Updated Deals:

• BMC Software, Inc. (BMC) shareholders approve acquisition by Bain Capital and Golden Gate Capital .
• Kohlberg & Company receives early HSR termination in merger with Steinway Musical Instruments Inc (LVB).

Merger Arbitrage Spreads July 29, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for July 22, 2013

New Deals:

• Bally Technologies Inc. (BYI) to acquire SHFL entertainment Inc (SHFL).
• MB Financial, Inc. (MBFI) to acquire Taylor Capital Group Inc (TAYC).
• Duff Brothers Capital to acquire Frozen Food Express Industries (FFEX).
• Wilshire Bancorp Inc (WIBC) to acquire Saehan Bancorp (SAEB).
• Meade Instruments Corp. (MEAD) agrees to be acquired by Sunny Optics and terminates deal with Jinghua Optics & Electronics Co.

Closed Deals:

• AstraZeneca completes acquisition of Omthera Pharmaceuticals (OMTH).

Updated Deals:

• Dell (DELL) adjourns special shareholder meeting until July 24. 
• Gardner Denver, Inc. (GDI) shareholders approve acquisition by KKR.
• Mpg Office Trust Inc (MPG) shareholders approve acquisition by Brookfield Office Properties (BPO).
• Service Corporation Internatio (SCI) received a second request for information under HSR in merger with  Stewart Enterprises, Inc. (STEI).

To Read:

• DealB%k: Ways to Muscle Out Competing Deal Offers

Merger Arbitrage Spreads July 22, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for July 15, 2013

New Deals:

• AT&T Inc. (T) to acquire Leap Wireless International, I (LEAP).
• Tsinghua Unigroup to acquire Spreadtrum Communications, Inc (SPRD).
• Kroger Co. (KR) to acquire Harris Teeter Supermarkets Inc (HTSI).

Closed Deals:

• SoftBank completes acquisition of Sprint Nextel Corporation (S).
• Sprint Nextel Corporation (S) completes acquisition of Clearwire Corporation (CLWR).
• TPG Capital completes acquisition of Assisted Living Concepts, Inc. (ALC).
• salesforce.com, inc. (CRM) completes acquisition of ExactTarget Inc (ET).
• Accenture (ACN) completes acquisition of Acquity Group Ltd (AQ).

Updated Deals:

• Actavis Inc (ACT) received a second request for information under HSR in merger with  Warner Chilcott Plc (WCRX).
• OfficeMax Inc (OMX) shareholders approve acquisition by Office Depot Inc (ODP).
• Lj International Inc (JADE) shareholders approve acquisition by Management.

 To Read:

• Fortune: A fundamental M&A market reset?

Merger Arbitrage Spreads July 15, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for July 8, 2013

New Deals:

• Kohlberg & Company to acquire Steinway Musical Instruments Inc (LVB).
• Bank of Marin Bancorp (BMRC) to acquire NorCal Community Bancorp (NCLC).

Closed Deals:

• General Electric Company (GE) completes acquisition of Lufkin Industries, Inc. (LUFK).
• Total System Services, Inc. (TSS) completes acquisition of NetSpend Holdings Inc (NTSP).
• GETCO Holding Company completes acquisition of Knight Capital Group Inc. (KCG).
• TF Financial Corp (THRD) completes acquisition of Roebling Financial Corp, Inc. (RBLG).
• Madison Dearborn Partners completes acquisition of National Financial Partners Co (NFP).
• Genesys Telecommunications Lab completes acquisition of SoundBite Communications (SDBT).
• BCE Inc. completes acquisition of ASTRAL MEDIA INC. (ACM-A.TO).
• Management completes acquisition of 7 Days Group Holdings (SVN).
• Central Valley Community Banco (CVCY) completes acquisition of Visalia Cmnty Bk Cal (VSMU).
• 1st United Bancorp Inc (FUBC) completes acquisition of Enterprise Bancorp, Inc (EBTC).
• First PacTrust Bancorp, Inc. (BANC) completes acquisition of Private Bank Of Ca (PBCA).

 Updated Deals:

• Apax Partners receives early HSR termination in merger with rue21, inc. (RUE) and announces end of go-shop period.

 To Read:

• WSJ: When Shopping Sprees Go Wrong

Merger Arbitrage Spreads July 8, 2013

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for July 1, 2013

New Deals:

• Western Digital Corporation (WDC) to acquire sTec, Inc (STEC).
• Tenet Healthcare Corp (THC) to acquire Vanguard Health Systems (VHS).
• Thoma Bravo, LLC to acquire Keynote Systems  (KEYN).
• Alamogordo Financial Corp (ALMG) to acquire Bank 1440 (BFFO).

Closed Deals:

• Fortis Inc completes acquisition of CH Energy Group Inc (CHG).
• Avista Capital Partners completes acquisition of Telular Corporation (WRLS).
• Cynosure (CYNO) completes acquisition of Palomar Medical Technologies (PMTI).
• Pacific Premier Bancorp, Inc. (PPBI) completes acquisition of San Diego Tr Bk (Ca) (SDBK).
• Vista Equity Partners completes acquisition of Websense Inc. (WBSN).
• Management completes acquisition of ZHONGPIN INC. (HOGS).
• Management completes acquisition of Feihe International Inc (ADY).
• Peoples Financial Services Corp (PFIS) to acquire Penseco Financial Services Corp (PFNS).

 Updated Deals:

• Salesforce.com In (CRM) receives early HSR termination in merger with ExactTarget (ET).
• Sprint Nextel (S) shareholders approve acquisition by SoftBank.
• Lufkin Industries, Inc. (LUFK) shareholders approve acquisition by General Electric Company (GE) .
• Knight Capital Group (KCG) shareholders approve acquisition by GETCO Holding Company.
• Georgia-Pacific to convert pending acquisition of Buckeye Technologies Inc. (BKI) to merger through shareholder vote.
• Feihe International Inc (ADY) shareholders approve acquisition by Management .
• 7 Days Group Holdings (SVN) shareholders approve acquisition by Management.
• ZHONGPIN INC. (HOGS) shareholders approve acquisition by Management .

 To Read:

• FTC : FTC Finalizes Amendments to the Premerger Notification Rules Related to the Withdrawal of HSR Filings