Monday, May 29, 2017

The Risk Arbitrage Report for May 29, 2017


New Deals:
  • Clariant (CLZNY) to acquire Huntsman Corporation (HUN).
  • CF Corp (CFCO) to acquire Fidelity & Guaranty Life (FGL).
  • HGGC, LLC to acquire Nutraceutical Int'l Corp. (NUTR).
  • Rayonier Advanced Materials In (RYAM) to acquire Tembec Inc (TMB.TO).
  • Expo Holdings II Ltd to acquire Global Sources Ltd. (Bermuda) (GSOL).
  • Union Bankshares Corp (UBSH) to acquire Xenith Bankshares Inc (XBKS).
  • Horizon Bancorp (HBNC) to acquire Lafayette Community Bancorp (LFYC).
Closed Deals:

  • Harland Clarke Holdings Corp completes acquisition of RetailMeNot Inc (SALE).
  • Veeco Instruments Inc. (VECO) completes acquisition of Ultratech, Inc. (UTEK).
  • Salem Five Bancorp completes acquisition of Georgetown Bancorp Inc (GTWN).

Merger Arbitrage Spreads May 29, 2017

The latest stock merger arbitrage spreads:

Monday, May 22, 2017

The Risk Arbitrage Report for May 22, 2017

New Deals:
  • Thermo Fisher Scientific Inc. (TMO) to acquire Patheon NV (PTHN).
  • Sandy Spring Bancorp Inc. (SASR) to acquire WashingtonFirst Bankshares Inc (WFBI).
  • Pixelworks, Inc. (PXLW) to acquire ViXS Systems Inc (TSE:VXS).
Closed Deals:

  • TDK Corp (ADR) (TTDKY) completes acquisition of InvenSense Inc (INVN).
  • Tecogen Inc (TGEN) completes acquisition of American DG Energy Inc (ADGE).
  • Management completes acquisition of Synutra International, Inc. (SYUT).

Merger Arbitrage Spreads May 22, 2017

The latest stock merger arbitrage spreads:

Sunday, May 14, 2017

The Risk Arbitrage Report for May 15, 2017

New Deals:
  • Straight Path Communications (STRP) agrees to be acquired by Verizon Communications Inc. (VZ) and terminates deal with AT&T Inc.  (T).
  • Apollo Global Management LLC (APO) to acquire West Corp (WSTC).
  • Coach Inc (COH) to acquire Kate Spade & Co (KATE).
  • Sinclair Broadcast Group Inc (SBGI) to acquire Tribune Media Co (TRCO).
  • Sabra Health Care REIT Inc (SBRA) to acquire Care Capital Properties Inc (CCP).
  • Norgine  to acquire Merus Labs International Inc (MSLI).
  • Clean Harbors Inc (CLH) to acquire Lonestar West  (LSI.V).
Busted Deals:
  • Anthem Inc (ANTM) terminates agreement with CIGNA Corporation (CI).
Closed Deals:

  • Boral Limited completes acquisition of Headwaters Inc (HW).
  • Tricon Capital Group completes acquisition of Silver Bay Realty Trust Corp (SBY).
  • MaxLinear, Inc. (MXL) completes acquisition of Exar Corporation (EXAR).
  • Ta Chen Stainless Pipe completes acquisition of Empire Resources Inc (ERS).
  • Community Bank System, Inc. (CBU) completes acquisition of Merchants Bancshares,Inc. (MBVT).

Merger Arbitrage Spreads May 15, 2017

The latest stock merger arbitrage spreads:

Sunday, May 7, 2017

The Risk Arbitrage Report for May 8, 2017


New Deals:
  • Intact Financial Corp (IFCZF) to acquire OneBeacon Insurance Group, Ltd (OB).
  • Avantor to acquire VWR Corp (VWR).
  • Pembina Pipeline Corp (PBA) to acquire Veresen Inc. (FCGYF).
  • Savaria Corp to acquire Span-America Medical Systems (SPAN).
  • First Horizon National Corp (FHN) to acquire Capital Bank Financial Corp (CBF).
  • Seacoast Commerce Banc Holdings (SCBH) to acquire Capital Bank (CBJC).
Closed Deals:

  • Eldorado Resorts Inc (ERI) completes acquisition of Isle of Capri Casinos (ISLE).
  • Sibanye Gold Ltd (ADR) (SBGL) completes acquisition of Stillwater Mining Company (SWC).
  • MainSource Financial Group Inc (MSFG) completes acquisition of FCB Bancorp, Inc (FCBE).
  • Nicolet Bankshares Inc (NCBS) completes acquisition of First Menasha Bancshares (FMBJ).
  • Glacier Bancorp, Inc. (GBCI) completes acquisition of TFB Bancorp (TBBN).

Merger Arbitrage Spreads May 8, 2017

The latest stock merger arbitrage spreads: