Sunday, January 25, 2015

The Risk Arbitrage Report for January 26, 2015


New Deals:
  • Royal Bank of Canada (RY) to acquire City National Corp (CYN).
Closed Deals:
  • Merck & Co., Inc. (MRK) completes acquisition of Cubist Pharmaceuticals Inc (CBST).
  • Lindsay Corporation (LNN) completes acquisition of Elecsys Corp (ESYS).
  • Antofagasta PLC completes acquisition of Duluth Metals Limited ($ CDN) (DM.TO).
Updated Deals:

Merger Arbitrage Spreads January 26, 2015

The latest stock merger arbitrage spreads:

Sunday, January 18, 2015

The Risk Arbitrage Report for January 19, 2015

New Deals:
  • AmerisourceBergen Corp. (ABC) to acquire MWI Veterinary Supply, Inc. (MWIV).
  • Quad/Graphics, Inc. (QUAD) to acquire Courier Corporation (CRRC).
  • Plaza Bancorp (PLZB) to acquire Manhattan Bancorp (MNHN).
Closed Deals:
  • Washington Prime Group (WPG) completes acquisition of Glimcher Realty Trust (GRT).
  • Otsuka  (OTSKY) completes acquisition of Avanir Pharmaceuticals Inc (AVNR).
  • Open Text Corp (OTEX) completes acquisition of Actuate Corp (BIRT).
  • Ventas, Inc. (VTR) completes acquisition of American Realty Capital Healthcare Trus (HCT).
  • Infineon Technologies AG (ADR) (IFNNY) completes acquisition of International Rectifier Corp (IRF).
  • Albemarle Corporation (ALB) completes acquisition of Rockwood Holdings, Inc. (ROC).
  • Codorus Valley Bancorp, Inc. (CVLY) completes acquisition of Madison Bancorp (MDSN).
Updated Deals:
  • CME Group Inc (CME) updates merger consideration in merger with GFI Group Inc. (GFIG).
  • Actavis PLC (ACT) receives early HSR termination in merger with Allergan, Inc. (AGN).
  • Cypress Semiconductor Corporat (CY) receives early HSR termination in merger with Spansion Inc. (CODE).
  • Merck & Co., Inc. (MRK) announces that the HSR waiting period has expired in planned merger with Cubist Pharmaceuticals Inc (CBST).
  • Glimcher Realty Trust (GRT) shareholders approve acquisition by Washington Prime Group (WPG).
  • American Realty Capital Healthcare Trus (HCT) shareholders approve acquisition by Ventas, Inc. (VTR).
  • GLENTEL Inc (GLN.TO) shareholders approve acquisition by BCE Inc (BCE.TO).

Merger Arbitrage Spreads January 19, 2015

The latest stock merger arbitrage spreads:

Sunday, January 11, 2015

The Risk Arbitrage Report for January 12, 2015

New Deals:
  • Shire PLC (ADR) (SHPG) to acquire NPS Pharmaceuticals, Inc. (NPSP).
  • Energy Fuels Inc (UUUU) to acquire Uranerz Energy Corp. (URZ).
Closed Deals:
  • Cutrale-Safra completes acquisition of Chiquita Brands International (CQB).
  • EnerNOC, Inc. (ENOC) completes acquisition of World Energy Solutions, Inc. (XWES).
  • TowneBank (TOWN) completes acquisition of Franklin Financial Corp (FRNK).
Updated Deals:
  • Covidien plc (COV) shareholders approve acquisition by Medtronic, Inc. (MDT).
  • STERIS Corp (STE) received a second request for information under HSR in merger with  Synergy Health plc (SYR.L).
  • Otsuka  (OTSKY) receives early HSR termination in merger with Avanir Pharmaceuticals Inc (AVNR).

Merger Arbitrage Spreads January 12, 2015

The latest stock merger arbitrage spreads:

Sunday, January 4, 2015

The Risk Arbitrage Report for January 5, 2015

New Deals:
  • Fosun International Limited to acquire Meadowbrook Insurance Group, I (MIG).
  • LCNB Corp. (LCNB) to acquire BNB Bancorp (BNBK).
  • First NBC Bank Holding Company (NBCB) to acquire State Investors Bancorp Inc (SIBC).
Closed Deals:
  • RF Micro Devices, Inc. (RFMD) completes acquisition of TriQuint Semiconductor (TQNT).
  • Hilltop Holdings Inc. (HTH) completes acquisition of SWS Group Inc (SWS).
  • Community Bank Shares of India (CBIN) completes acquisition of First Financial Service Corp. (FFKY).
  • State Bank Financial Corp (STBZ) completes acquisition of Georgia-Carolina Bancshares (GECR).
  • American National BankShares (AMNB) completes acquisition of Mainstreet Bankshares Inc (MREE).

Merger Arbitrage Spreads Jan 5, 2015

The latest stock merger arbitrage spreads: