The Risk Arbitrage Report for Dec 28, 2015

New Deals:

• Western Refining, Inc. (WNR) to acquire Northern Tier Energy LP (NTI).
• Oando PLC to acquire Oando Energy Resources (OER.TO).
• Minat Associate Co to acquire Mecox Lane Ltd (MCOX).

Busted Deals:

• Galil Medica terminates agreement with Perseon Corp (PRSN).

Closed Deals:

• Graham Holdings Co (GHC) completes acquisition of SmartPros Ltd. (SPRO).
• Momentum Telecom completes acquisition of Alteva Inc (ALTV).
• Oak Valley Bancorp (OVLY) completes acquisition of Mother Lode Bank (MOLB).
• Suncrest Bank (SBKK) completes acquisition of Sutter Community Bank (SUTB).

Updated Deals:

• Comtech Telecomm. Corp. (CMTL) announces that the HSR waiting period has expired in planned merger with TeleCommunication Systems, Inc (TSYS).
• Duke Energy Corp (DUK) receives early HSR termination in merger with Piedmont Natural Gas (PNY).
• First Mountain Bank (FMBP) shareholders approve acquisition by PBB Bancorp (PBCA).
• ANADIGICS, Inc. (ANAD) receives a superior offer.

To Read:

• DealBook: In a Record Year for Deals, Success and a Few Missteps