The Risk Arbitrage Report for Jul 31, 2017

New Deals:

• KKR to acquire WebMD Health Corp. (WBMD).
• Markel Corporation (MKL) to acquire State National Companies Inc (SNC).
• Mitel Networks Corp (MITL) to acquire ShoreTel Inc (SHOR).
• Open Text Corp (USA) (OTEX) to acquire Guidance Software, Inc. (GUID).
• First Financial Bancorp (FFBC) to acquire MainSource Financial Group Inc (MSFG).
• Mitsubishi Tanabe Pharma Corp to acquire Neuroderm Ltd (NDRM).
• Valley National Bancorp (VLY) to acquire USAmeriBancorp, Inc. (USAB).
• Heritage Financial Corp (HFWA) to acquire Puget Sound Bancorp (PUGB).

Busted Deals:

• Orchestra Prémaman SA (KAZI.PA) terminates agreement with Destination Maternity Corp (DEST).

Closed Deals:

• British American Tobacco PLC (BTI) completes acquisition of Reynolds American, Inc. (RAI).
• Icahn Enterprises LP (IEP) completes acquisition of Precision Auto Care (PACI).
• Open Text Corp (USA) (OTEX) completes acquisition of Covisint Corp (COVS).
• Donuts Inc completes acquisition of Rightside Group Ltd (NAME).
• Sientra Inc (SIEN) completes acquisition of Miramar Labs Inc (MRLB).
• Gurnet Point L.P completes acquisition of Innocoll Holdings PLC (INNL).

Merger Arbitrage Spreads Jul 31, 2017

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for Jul 24, 2017

New Deals:

• BorgWarner (BWA) to acquire Sevcon Inc (SEV).
• Sizmek Inc to acquire Rocket Fuel Inc (FUEL).
• Hydro One (H.TO) to acquire Avista Corp (AVA).
• The Washington Companies to acquire Dominion Diamond Corp (DDC).
• Associated Banc Corp (ASB) to acquire Bank Mutual Corporation (BKMU).
• Delmar Bancorp (DBCP) to acquire Liberty Bell Bank (NJ) (LBBB).
• Select Bancorp Inc (SLCT) to acquire Premara Financial (PARA).

Closed Deals:

• JAB completes acquisition of Panera Bread Co (PNRA).
• Paypal Holdings Inc (PYPL) completes acquisition of TIO Networks Corp (TNCGF).
• Apax Partners completes acquisition of Syneron Medical Ltd. (ELOS).
• Hytera Communications Co., Ltd. completes acquisition of Norsat International Inc (USA) (NSAT).
• Virtu Financial Inc (VIRT) completes acquisition of KCG Holdings Inc (KCG).
• First Merchants Corporation (FRME) completes acquisition of Independent Alliance Banks (IALB).
• Clean Harbors Inc (CLH) completes acquisition of Lonestar West  [$ in CDN] (LSI.V).
• Norgine  completes acquisition of Merus Labs International Inc (MSLI).
• AMPLEXOR International completes acquisition of Sajan, Inc. (SAJA).
• Northwest Bancorp Inc (NBCT) completes acquisition of CenterPointe Community Bank (CENP).

Merger Arbitrage Spreads Jul 24, 2017

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for Jul 17, 2017

New Deals:

• Cincinnati Bell Inc. (CBB) to acquire Hawaiian Telcom HoldCo Inc (HCOM).
• H&E Equipment Services, Inc. (HEES) to acquire Neff Corp (NEFF).

Closed Deals:

• Coach Inc (COH) completes acquisition of Kate Spade & Co (KATE).

Updated Deals:

• Great Plains Energy Inc (GXP) updates merger consideration in merger with Westar Energy Inc (WR).

Merger Arbitrage Spreads Jul 17, 2017

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for Jul 10, 2017

New Deals:

• Liberty Interactive QVC Group (QVCA) to acquire HSN, Inc. (HSNI).
• Sycamore Partners to acquire Staples, Inc. (SPLS).
• EQT Corporation (EQT) to acquire Rice Energy Inc (RICE).
• H.I.G. Capital, LLC to acquire NCI Inc (NCIT).
• Forestar Group Inc. (FOR) agrees to be acquired by D.R. Horton, Inc. (DHI) and terminates deal with Starwood Capital Group.
• Stryker Corporation (SYK) to acquire NOVADAQ Technologies (NVDQ).
• Steel Partners Holdings LP (SPLP.A) to acquire Handy & Harman Ltd (HNH).
• Red Ventures to acquire Bankrate Inc (RATE).
• Canada Pension Plan Investment Board to acquire Parkway Inc (PKY).
• Greystar Growth and Income Fund to acquire Monogram Residential Trust Inc (MORE).
• ADVA Optical Networking (ADVOF) to acquire MRV Communications, Inc. (MRVC).
• Ultra Electronics Holdings plc (ULE.L) to acquire Sparton Corporation (SPA).
• Koninklijke Philips NV (ADR) (PHG) to acquire Spectranetics Corp (SPNC).
• Government Properties Income Trust (GOV) to acquire First Potomac Realty Trust (FPO).
• Pamplona Capital Management to acquire PAREXEL International Corporat (PRXL).
• Enel Group to acquire EnerNOC, Inc. (ENOC).
• Steel Partners Ltd to acquire Ore Holdings Inc (ORXE).
• True Wind Capital Management to acquire ARI Network Services, Inc. (ARIS).
• Monomoy Capital Partners to acquire West Marine, Inc. (WMAR).
• Management to acquire Sinovac Biotech Ltd. (SVA).
• Bank McKenney (VA) (BOMK) to acquire CCB Bankshares (CZYB).
• OceanFirst Financial Corp. (OCFC) to acquire Sun Bancorp, Inc. /NJ (SNBC).
• BayCom Corp  (BCML) to acquire Plaza Bank (PZBW).
• Meridian Bancorp Inc (EBSB) to acquire Meetinghouse Bancorp Inc (MTGB).

Busted Deals:

• Walgreens Boots Alliance Inc (WBA) terminates agreement with Rite Aid Corporation (RAD).

Closed Deals:

• First Data Corp (FDC) completes acquisition of CardConnect Corp (CCN).
• Delek US Holdings, Inc. (DK) completes acquisition of Alon USA Energy, Inc. (ALJ).
• Alimentation Couche-Tard Inc (ANCUF) completes acquisition of CST Brands Inc (CST).
• ChemChina completes acquisition of Syngenta AG (ADR) (SYT).
• Sonaca Group completes acquisition of LMI Aerospace, Inc. (LMIA).
• AMETEK, Inc. (AME) completes acquisition of MOCON, Inc. (MOCO).
• ONEOK, Inc. (OKE) completes acquisition of Oneok Partners LP (OKS).
• Consolidated Communications Ho (CNSL) completes acquisition of FairPoint Communications Inc (FRP).
• New Mountain Partners completes acquisition of TRC Companies, Inc. (TRR).
• ACNB Corporation (ACNB) completes acquisition of New Windsor Bancorp (NWID).
• First Busey Corporation (BUSE) completes acquisition of First Community Financial Partners (FCFP).
• Southern National Banc. of Virginia (SONA) completes acquisition of Eastern Virginia Bankshares (EVBS).
• Canadian Imperial Bank of Comm (CM) completes acquisition of PrivateBancorp Inc (PVTB).

Merger Arbitrage Spreads Jul 10, 2017

The latest stock merger arbitrage spreads: