The Risk Arbitrage Report for May 30, 2016

New Deals:

• Ares Capital Corporation (ARCC) to acquire American Capital Ltd. (ACAS).
• Thermo Fisher Scientific Inc. (TMO) to acquire FEI Company (FEIC).
• Arbor Pharmaceutical to acquire XenoPort, Inc. (XNPT).
• Siris Capital Group to acquire Xura Inc (MESG).
• C-III Capital Partners to acquire Resource America Inc (REXI).
• Foxconn Technology Group to acquire SMART Technologies Inc (SMT).
• MTY Food Group Inc (MTY.TO) to acquire Kahala Brands, Ltd (KAHL).
• Hecla Mining Company (HL) to acquire Mines Management, Inc. (MGN).

Closed Deals:

• Air Liquide (AI.PA) completes acquisition of Airgas, Inc. (ARG).
• Brocade Communications Systems (BRCD) completes acquisition of Ruckus Wireless Inc (RKUS).
• FedEx Corporation (FDX) completes acquisition of TNT Express N.V. (TNTEY).
• Pacific Commerce Bancorp (PCBC) completes acquisition of ProAmérica Bank (PMRA).
• MainSource Financial Group Inc (MSFG) completes acquisition of Cheviot Financial Corp. (CHEV).

Updated Deals:

• Waste Connections, Inc. (WCN) shareholders approve acquisition by Progressive Waste Solutions Lt (BIN).
• Baxalta Inc (BXLT) shareholders approve acquisition by Shire PLC (ADR) (SHPG).

Merger Arbitrage Spreads May 30, 2016

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for May 23, 2016

New Deals:

• Pfizer Inc. (PFE) to acquire Anacor Pharmaceuticals Inc (ANAC).
• Nice-Systems Ltd (ADR) (NICE) to acquire Incontact Inc (SAAS).
• FMC Technologies, Inc. (FTI) to merge with Technip (ADR) (TKPPY).
• Oil Search Limited (OISHY) to acquire InterOil Corporation (USA) (IOC).
• Range Resources Corp. (RRC) to acquire Memorial Resource Development (MRD).
• Luminex Corporation (LMNX) to acquire Nanosphere, Inc. (NSPH).

Busted Deals:

• Konecranes Plc (KCR1V.HE) terminates agreement with Terex Corporation (TEX).

Closed Deals:

• Charter Communications, Inc. (CHTR) completes acquisition of Time Warner Cable Inc (TWC).
• Lowe's Companies, Inc. (LOW) completes acquisition of RONA inc. (RONAF).
• Great Western Bancorp Inc (GWB) completes acquisition of HF Financial Corp. (HFFC).

Updated Deals:

• Alaska Air Group, Inc. (ALK) received a second request for information under HSR in merger with Virgin America Inc (VA).
• ProAmérica Bank (PMRA) shareholders approve acquisition by Pacific Commerce Bancorp (PCBC).
• Mitel (MITL) receives early HSR termination in merger with Polycom Inc (PLCM).
• TransCanada Corporation (USA) (TRP) receives early HSR termination in merger with Columbia Pipeline Group Inc (CPGX).

Merger Arbitrage Spreads May 23, 2016

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for May 16, 2016

New Deals:

• JAB Holding Company to acquire Krispy Kreme Doughnuts (KKD).
• Grupo Ferrer Internacional to acquire Alexza Pharmaceuticals, Inc. (ALXA).
• Takara Bio Inc to acquire WaferGen Bio-systems, Inc. (WGBS).

Busted Deals:

• Staples, Inc. (SPLS) terminates agreement with Office Depot Inc (ODP).

Closed Deals:

• Western Digital Corp (WDC) completes acquisition of SanDisk Corporation (SNDK).
• SciVac Therapeutics Inc (SVACF) completes acquisition of VBI Vaccines Inc (VBIV).
• Southern Co (SO) completes acquisition of PowerSecure International, Inc (POWR).
• CCL Industries Inc completes acquisition of Checkpoint Systems, Inc. (CKP).
• BioTelemetry Inc (BEAT) completes acquisition of VirtualScopics Inc (VSCP).
• Shenandoah Telecommunications (SHEN) completes acquisition of NTELOS Holdings Corp (NTLS).
• Baihe Network Co completes acquisition of Jiayuan.com International Ltd (DATE).

Updated Deals:

• Questar Corporation (STR) shareholders approve acquisition by Dominion Resources, Inc. (D).

Merger Arbitrage Spreads May 16, 2016

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for May 9, 2016

New Deals:

• Abbott Laboratories (ABT) to acquire St. Jude Medical, Inc. (STJ).
• Comcast Corporation (CMCSA) to acquire Dreamworks Animation Skg Inc (DWA).
• First Cash Financial Services (FCFS) to acquire Cash America International Inc (CSH).
• Leonard Green & Partners to acquire Examworks Group, Inc. (EXAM).
• Oracle Corporation (ORCL) to acquire Opower Inc (OPWR).
• Rovi Corporation (ROVI) to acquire TiVo Inc. (TIVO).
• Quintiles Transnational Holdings (Q) to acquire IMS Health Holdings Inc (IMS).
• Oracle Corporation (ORCL) to acquire Textura Corp (TXTR).
• BCE Inc. (USA) (BCE) to acquire Manitoba Telecom Services (MBT.TO).
• B. Riley Financial Inc (RILY) to acquire United Online, Inc. (UNTD).
• RoundTable Healthcare Partners to acquire Symmetry Surgical Inc (SSRG).
• First Mid-Illinois Bancshares, (FMBH) to acquire First Clover Leaf Financial Co (FCLF).
• Cousins Properties Inc (CUZ) to acquire Parkway Properties Inc (PKY).
• Lizton Financial Corp to acquire Indiana Business Bancorp (IBBI).
• Mechanics Bank to acquire California Republic Bancorp (CRPB).
• Central Valley Community Banco (CVCY) to acquire Sierra Vista Bank (SVBA).
• WesBanco Inc (WSBC) to acquire Your Community Bankshares Inc (YCB).
• Pacific Continental Corporatio (PCBK) to acquire Foundation Bancorp, Inc. (FDNB).
• Cascade Bancorp (CACB) to acquire Prime Pacific Financial Services (PPFS).
• Bar Harbor Bankshares (BHB) to acquire Lake Sunapee Bank Group (LSBG).
• Fortress Biotech Inc (FBIO) to acquire National Holdings Corporation (NHLD).

Busted Deals:

• Halliburton Company (HAL) terminates agreement with Baker Hughes Incorporated (BHI).

Closed Deals:

• Apollo Global Management LLC (APO) completes acquisition of ADT Corp (ADT).
• MKS Instruments, Inc. (MKSI) completes acquisition of Newport Corp (NEWP).
• Global Payments Inc (GPN) completes acquisition of Heartland Payment Systems, Inc (HPY).
• Hallmark Cards completes acquisition of Crown Media Holdings, Inc (CRWN).
• OceanFirst Financial Corp. (OCFC) completes acquisition of Cape Bancorp, Inc. (CBNJ).
• First Busey Corporation (BUSE) completes acquisition of Pulaski Financial Corp (PULB).
• Emclaire Financial Corp (EMCF) completes acquisition of United-American Savings Bank (UASB).
• Old National Bancorp (ONB) completes acquisition of Anchor Bancorp Wisconsin Inc (ABCW).
• Nicolet Bankshares Inc (NCBS) completes acquisition of Baylake Corporation (BYLK).
• Royal Financial (RYFL) completes acquisition of Park Bancorp (PFED).

Updated Deals:

• PowerSecure International, Inc (POWR) shareholders approve acquisition by Southern Co (SO).
• Astoria Financial Corp (AF) shareholders approve acquisition by New York Community Bancorp (NYCB).
• Cape Bancorp, Inc. (CBNJ) shareholders approve acquisition by OceanFirst Financial Corp. (OCFC).

Merger Arbitrage Spreads May 9, 2016

The latest stock merger arbitrage spreads: