Sunday, December 29, 2019

The Risk Arbitrage Report for Dec 30, 2019

New Deals:
  • Culligan to acquire Aquaventure Holdings Ltd Com (WAAS).
  • Brookfield Infrastructure Part Ltd Partners L.P. (BIP) to acquire Cincinnati Bell Inc Com (CBB).
  • Iac Interactivecorp Com (IAC) to acquire Care.Com Inc Com (CRCM).
  • Northfield Bancorp Inc Com (NFBK) to acquire Vsb Bancorp Inc Com (VSBN).
Closed Deals:
  • Open Text Co Com (OTEX) completes acquisition of Carbonite Inc (CARB).

Merger Arbitrage Spreads Dec 30, 2019

The latest stock merger arbitrage spreads:

Sunday, December 22, 2019

The Risk Arbitrage Report for Dec 23, 2019

New Deals:
  • Peugeot Sa Com (PEUGF) to acquire Fiat Chrysler Automobiles Nv Com (FCAU).
  • Xperi Corp Com (XPER) to acquire Tivo Corporation Com (TIVO).
  • Francisco Partners and Elliott Management's Evergreen Coast Capital to acquire Logmein Com (LOGM).
  • Blackstone Infrastructure Partners to acquire Tallgrass Energy Lp Class A Shs (TGE).
  • Charles River Laboratories Com (CRL) to acquire Hemacare Corp Com (HEMA).
  • Equinox Gold Corp Com (EQX) to acquire Leagold Mining Corporation Com (LMCNF).
  • Cineworld Group Adr Unsponsored (CNWGY) to acquire Cineplex Inc Com (CPXGF).
  • Rubicon Project Com (RUBI) to acquire Telaria Inc Com (TLRA).
  • Evans Bancorp Inc Com (EVBN) to acquire Fsb Bancorp Inc Com (FSBC).
  • Kearny Financial Corp Md Com (KRNY) to acquire Msb Financial Corporation Com (MSBF).
  • First Bancshares Inc Miss Com (FBMS) to acquire Sthwest Georgia Fi Com (SGB).
  • Cnb Financial Corp(Pa) Com (CCNE) to acquire Bank Akron Ny Com (BARK).
  • Cambridge Financial Group, Inc to acquire Melrose Bancorp Inc Com (MELR).
Closed Deals:
  • Roche Holdings Ag Adr Sponsored (RHHBY) completes acquisition of Spark Therapeutics Inc (ONCE).
  • BC Partners completes acquisition of Presidio Inc (PSDO).
  • Greenbriar Equity Group completes acquisition of Arotech Corporation (ARTX).
  • Pembina Pipeline Corporation Com (PBA) completes acquisition of Kinder Morgan Canada Limited (KMLGF).
  • Callon Petroleum Co Com (CPE) completes acquisition of Carrizo Oil & Gas Inc Com (CRZO).
  • Castle Creek Pharmaceutical Holdings, Inc. completes acquisition of Fibrocell Science Inc (FCSC).
  • Portman Ridge Finance Corp Com (PTMN) completes acquisition of Oha Investment Corp (OHAI).
  • Liberty Tax Inc (TAXA) completes acquisition of Vitamin Shoppe Inc (VSI).
  • Blue Ridge Bankshares Inc (Va) Com (BRBS) completes acquisition of Virginia Cmnty Bankshares Inc Com (VCBS).

Merger Arbitrage Spreads Dec 23, 2019

The latest stock merger arbitrage spreads:

Sunday, December 15, 2019

The Risk Arbitrage Report for Dec 16, 2019

New Deals:
  • Merck & Co Inc Com (MRK) to acquire Arqule Inc Com (ARQL).
  • Sanofi Adr Sponsored (SNY) to acquire Synthorx Inc Com (THOR).
  • Unitedhealth Group Inc Com (UNH) to acquire Diplomat Pharmacy Inc Com (DPLO).
  • MTN Infrastructure TopCo, Inc to acquire North State Teleco Com Cl A (NORSA).
  • Great Hill Partners to acquire Versapay Corp Com (VPYYF).
  • Independent Bank Group Inc Com (IBTX) to acquire Texas Capital Bancshares Inc Com (TCBI).
  • Fidelity D&D Bancorp Com (FDBC) to acquire Mnb Corp Com (MNBC).
Closed Deals:
  • Onex Corporation (ONEX:CN) completes acquisition of Westjet (WJA:CN).
  • Blackstone completes acquisition of Dream Global Real Estate Inves Tr Unit (DUNDF).
  • BB&T Corp Com (BBT) completes acquisition of Suntrust Banks Inc (STI).

Merger Arbitrage Spreads Dec 16, 2019

The latest stock merger arbitrage spreads:

Sunday, December 8, 2019

The Risk Arbitrage Report for Dec 9, 2019

New Deals:
  • Thoma Bravo to acquire Instructure Inc Com (INST).
  • Cleveland Cliffs Inc Com (CLF) to acquire Ak Steel Holding Corp Com (AKS).
  • Astellas Pharma Com (ALPMF) to acquire Audentes Therapeutics Inc Com (BOLD).
  • Zijin Mining Group Co.Ltd Com (ZIJMF) to acquire Continental Gold Inc Com (CGOOF).
  • Standex International Corp Com (SXI) to acquire Torotel Inc Com (TTLO).
  • Cerecor Inc Com (CERC) to acquire Aevi Genomic Medic Com (GNMX).
  • Cambridge Bancorp Com (CATC) to acquire Wellesley Bancorp Inc Com (WEBK).
Closed Deals:
  • CBS Corporation (CBS) completes acquisition of Viacom Inc Com Cl B (VIAB).
  • Permira Funds completes acquisition of Cambrex Corp (CBM).
  • Warburg Pincus completes acquisition of Roan Resources Inc (ROAN).
  • Energy Transfer Lp Com Ut Ltd Ptn (ET) completes acquisition of Semgroup Corp (SEMG).
  • S & T Bancorp Inc Com (STBA) completes acquisition of Dnb Financial Corp (DNBF).
  • Valley National Bancorp Com (VLY) completes acquisition of Oritani Financial Corp (ORIT).

Merger Arbitrage Spreads Dec 9, 2019

The latest stock merger arbitrage spreads:

Sunday, December 1, 2019

The Risk Arbitrage Report for Dec 2, 2019

New Deals:
  • Schwab(Charles)Corp Com (SCHW) to acquire Td Ameritrade Holding Corp Com (AMTD).
  • Lvmh Moet Hennessy Vuitton Se Com (LVMHF) to acquire Tiffany & Co Com (TIF).
  • Novartis Ag Adr Sponsored (NVS) to acquire Medicines Co Com (MDCO).
  • Management to acquire Sorl Auto Parts Inc. Com (SORL).
  • Kirkland Lake Gold Com (KL) to acquire Detour Gold Corporation Com (DRGDF).
Closed Deals:
  • Wesbanco Inc Com (WSBC) completes acquisition of Old Line Bancshares Inc (OLBK).

Merger Arbitrage Spreads Dec 2, 2019

The latest stock merger arbitrage spreads:

Sunday, November 24, 2019

The Risk Arbitrage Report for Nov 25, 2019

New Deals:
  • United Bankshares Inc Com (UBSI) to acquire Carolina Financial Corp Com (CARO).
Closed Deals:
  • Bristol-Myers Squibb Co Com (BMY) completes acquisition of Celgene Corp (CELG).
  • New Media Investment Group Inc N/C (NEWM) completes acquisition of Gannett Co Inc (GCI).
  • Glaukos Corporation Com (GKOS) completes acquisition of Avedro Inc (AVDR).
  • Hillenbrand Inc Com (HI) completes acquisition of Milacron Holdings Corp (MCRN).
  • Osisko Gold Royalties Ltd Com (OR) completes acquisition of Barkerville Gold Mines Ltd Com (BGMZF).

Merger Arbitrage Spreads Nov 25, 2019

The latest stock merger arbitrage spreads:

Sunday, November 17, 2019

The Risk Arbitrage Report for Nov 18, 2019

New Deals:
  • Anheuser-Busch Inbev Sa/Nv Adr Sponsored (BUD) to acquire Craft Brew Alliance Inc Com (BREW).
  • Open Text Co Com (OTEX) to acquire Carbonite Inc Com (CARB).
  • Apollo Global Management Inc Com Cl A (APO) to acquire Tech Data Corp Com (TECD).
  • Yageo  to acquire Kemet Corp Com (KEM).
  • Compagnie de Saint-Gobain to acquire Continental Building Products Com (CBPX).
  • Advisor Group to acquire Ladenburg Thalmann Fin Service Com (LTS).
  • Menlo Therapeutics Inc Com (MNLO) to acquire Foamix Pharmaceuticals Ltd Com (FOMX).
  • Geopark Limited Com (GPRK) to acquire Amerisur Resources Plc Com (ASUXF).
Closed Deals:
  • Kien Huat Realty III Limited & Genting Malaysia Berhad completes acquisition of Empire Resorts Inc (NYNY).
  • Swedish Orphan Biovitrum Ab Com (BIOVF) completes acquisition of Dova Pharmaceuticals Inc (DOVA).
  • Nicolet Bankshares Inc Com (NCBS) completes acquisition of Choice Bancorp Inc (CBKW).
  • Delmar Bancorp Com (DBCP) completes acquisition of Virginia Partners Bk Va (PTRS).

Merger Arbitrage Spreads Nov 18, 2019

The latest stock merger arbitrage spreads:

Sunday, November 10, 2019

The Risk Arbitrage Report for Nov 11, 2019

New Deals:
  • Stryker Corp Com (SYK) to acquire Wright Medical Group Nv Com (WMGI).
  • Taylor Morrison Home Corp Com (TMHC) to acquire William Lyon Homes Com Cl A (WLH).
  • Canada Pension Plan Investment Board to acquire Pattern Energy Group Inc Com Cl A (PEGI).
  • Marubeni and Mizuho Leasing to acquire Aircastle Limited Com (AYR).
  • ICV Partners, LLC to acquire Diversified Restau Com (SAUC).
  • First Horizon National Corp Com (FHN) to acquire Iberiabank Corp Com (IBKC).
  • Baycom Corp Com (BCML) to acquire Grand Mountain Bancshares Inc Com (GMBB).
Closed Deals:
  • KBS Strategic Opportunity REIT, Inc. completes acquisition of Reven Housing Reit Inc (RVEN).
  • Exact Sciences Corp Com (EXAS) completes acquisition of Genomic Health Inc Com (GHDX).
  • First Constitution Bancorp Com (FCCY) completes acquisition of Shore Community Bank Com (SHRC).

Merger Arbitrage Spreads Nov 11, 2019

The latest stock merger arbitrage spreads:

Sunday, November 3, 2019

The Risk Arbitrage Report for Nov 4, 2019

New Deals:
  • Alphabet Inc Com Cl C (GOOG) to acquire Fitbit Inc Com Cl A (FIT).
  • Prologis Inc Com (PLD) to acquire Liberty Property Trust Sh Ben Int (LPT).
  • Clayton, Dubilier & Rice to acquire Anixter International Inc Com (AXE).
  • Digital Realty Trust Inc Com (DLR) to acquire Interxion Holding Com (INXN).
  • PPF Group to acquire Central European Media Enterpr Com (CETV).
  • TSL888 Investments to acquire Iplayco Corporation Com (IPPQF).
  • Lantronix Inc Com (LTRX) to acquire Intrinsyc Technologies Corp Com (ISYRF).
  • Great Pacific Capital Corp. to acquire Canfor Corp New Com (CFPZF).
  • Northwest Bancshares Inc Com (NWBI) to acquire Mutualfirst Financial Inc Com (MFSF).
Closed Deals:
  • IFM Investors completes acquisition of Buckeye Partners Lp (BPL).
  • Keane Group Inc (FRAC) completes acquisition of C&J Energy Services Inc (CJ).
  • Us Ecology Inc Com (ECOL) completes acquisition of Nrc Group Holdings Corp (NRCG).
  • Dassault Systemes Adr Sponsored (DASTY) completes acquisition of Medidata Solutions Inc (MDSO).
  • Management completes acquisition of High Power International Inc (HPJ).
  • Siemens Healthineers AG completes acquisition of Corindus Vascular Robotics Inc (CVRS).
  • Nexa Resources S A Com (NEXA) completes acquisition of Karmin Exploration Inc (KRMEF).
  • People's United Financial Inc Com (PBCT) completes acquisition of United Financial Bancorp Inc (UBNK).
  • Banner Corp Com (BANR) completes acquisition of Altapacific Bancorp (ABNK).
  • Columbia Finl Inc Com (CLBK) completes acquisition of Stewardship Financial Corp (SSFN).
  • Prosperity Bancshares Inc Com (PB) completes acquisition of Legacytexas Fin Grp Inc (LTXB).

Merger Arbitrage Spreads Nov 4, 2019

The latest stock merger arbitrage spreads:

Sunday, October 27, 2019

The Risk Arbitrage Report for Oct 28, 2019


New Deals:
  • Platinum Equity to acquire Cision Ltd Com (CISN).
  • One Rock Capital Partners to acquire Innophos Holdings Inc Com (IPHS).
  • Management to acquire Hudson's Bay Co Com (HBAYF).
  • Reliant Bancorp Inc Com (RBNC) to acquire First Advantage Bancorp Com (FABK).
  • Community Bank Systems Inc Com (CBU) to acquire Steuben Trust Co Hornell Ny Com (SBHO).
  • Centreville Bank to acquire Pb Bancorp Inc Com (PBBI).
  • Flushing Financial Corp Com (FFIC) to acquire Empire Bancorp Inc Com (EMPK).
Closed Deals:
  • Kerridge Commercial Systems completes acquisition of Mam Software Group Inc (MAMS).
  • H.Lundbeck A/S Com (HLUKF) completes acquisition of Alder Biopharmaceuticals Inc (ALDR).
  • Management completes acquisition of Isramco Inc (ISRL).
  • Transform Holdco LLC completes acquisition of Sears Hometown & Outlet Stores (SHOS).
  • Nanometrics (NANO) completes acquisition of Rudolph Technologies Inc (RTEC).
  • Santa Cruz County Bank Com (SCZC) completes acquisition of Lighthouse Bank Santa Cruz (LGHT).

Merger Arbitrage Spreads Oct 28, 2019

The latest stock merger arbitrage spreads:

Sunday, October 20, 2019

The Risk Arbitrage Report for Oct 21, 2019

New Deals:
  • Alexion Pharmaceutical Inc Com (ALXN) to acquire Achillion Pharmaceuticals Inc Com (ACHN).
  • Parsley Energy Inc Com Cl A (PE) to acquire Jagged Peak Energy Inc Com (JAG).
Closed Deals:
  • NASCAR Holdings completes acquisition of International Speedway Corp Com Cl A (ISCA).
  • RFA Capital Inc. completes acquisition of Street Capital Group Inc Com (CXSNF).
  • Heritage Commerce Corp Com (HTBK) completes acquisition of Heritage Commerce Corp (PDOB).
  • Liberty Bank completes acquisition of Sbt Bancorp Inc (SBTB).

Merger Arbitrage Spreads Oct 21, 2019

The latest stock merger arbitrage spreads:

Sunday, October 13, 2019

The Risk Arbitrage Report for Oct 14, 2019

New Deals:
  • First National Bank of Waterloo to acquire Best Hometown Bancorp Inc Com (BTHT).
Closed Deals:
  • Vmware Inc Com Cl A (VMW) completes acquisition of Carbon Black Inc (CBLK).
  • Pernod Ricard Adr Unsponsored (PDRDY) completes acquisition of Castle Brands Inc (ROX).
  • SJW GROUP (SJW) completes acquisition of Connecticut Water Service, Inc. (CTWS).
  • HGGC completes acquisition of Monotype Imaging Holdings Inc Com (TYPE).
  • Management completes acquisition of Dryships Inc Com (DRYS).
  • Veritas Capital completes acquisition of Navigant Consulting Inc (NCI).
  • Merck KGaA completes acquisition of Versum Materials Inc (VSM).

Merger Arbitrage Spreads Oct 14, 2019

The latest stock merger arbitrage spreads:

Sunday, October 6, 2019

The Risk Arbitrage Report for Oct 7, 2019

New Deals:
  • Warburg Pincus to acquire Roan Resources Inc Com Cl A (ROAN).
  • Flutter Entertainment Plc Com (PDYPF) to acquire Stars Group Inc(The) Com (TSG).
  • Brookfield Bus Partners L P Unit Ltd Partnership (BBU) to acquire Teekay Offshore Partners Lp Com Units Rprst Lp Interest (TOO).
  • Lantheus Holdings Inc Com (LNTH) to acquire Progenics Pharmaceuticals Inc Com (PGNX).
  • Swedish Orphan Biovitrum Ab Com (BIOVF) to acquire Dova Pharmaceuticals Inc Com (DOVA).
Closed Deals:
  • AXA Investment Managers completes acquisition of Northstar Realty Europe Corp (NRE).
  • KPS Capital Partners completes acquisition of Tower International Inc (TOWR).
  • Brookfield Asset Mgmt Inc Com Cl A (BAM) completes acquisition of Oaktree Cap Group Llc (OAK).
  • Clarke Inc Com (CLKFF) completes acquisition of Holloway Lodging Corp (HLLOF).
  • Cbre Group Inc Com Cl A (CBRE) completes acquisition of Telford Homes Plc (TEF:LN).
  • Stryker Corp Com (SYK) completes acquisition of Tso3 Inc (TSTIF).
  • BidFair USA completes acquisition of Sothebys Inc (BID).
  • Id Systems Inc (IDSY) completes acquisition of Pointer Telocation Ltd (PNTR).

Merger Arbitrage Spreads Oct 7, 2019

The latest stock merger arbitrage spreads:

Sunday, September 29, 2019

The Risk Arbitrage Report for Sep 30, 2019

New Deals:
  • Greenbriar Equity Group to acquire Arotech Corporation Com (ARTX).
  • Osisko Gold Royalties Ltd Com (OR) to acquire Barkerville Gold Mines Ltd Com (BGMZF).
  • Sandy Spring Bancorp Inc Com (SASR) to acquire Revere Bk Laurel Md Com (REVB).
Closed Deals:
  • Hewlett Packard Enterprise Co Com (HPE) completes acquisition of Cray Inc (CRAY).
  • II-VI Inc Com (IIVI) completes acquisition of Finisar Corp (FNSR).
  • Apollo Global Management Inc Com Cl A (APO) completes acquisition of Shutterfly Inc (SFLY).
  • L Catterton completes acquisition of Del Friscos Restaurant Group (DFRG).
  • Hancock Whitney Corporation Com (HWC) completes acquisition of Midsouth Bancorp Inc  (MSL).
  • Vail Resorts Inc Com (MTN) completes acquisition of Peak Resorts Inc (SKIS).
  • Carl C. Icahn completes acquisition of Voltari Corp Cash (VLTC).
  • Noverco completes acquisition of Valener Inc Com (VNRCF).
  • Cortland Partners, LLC completes acquisition of Pure Multi-Family Reit Lp Unit Cl A (PMULF).

Merger Arbitrage Spreads Sep 30, 2019

The latest stock merger arbitrage spreads:

Sunday, September 22, 2019

The Risk Arbitrage Report for Sep 23, 2019

New Deals:
  • H.Lundbeck A/S Com (HLUKF) to acquire Alder Biopharmaceuticals Inc Com (ALDR).
  • Energy Transfer Lp Com Ut Ltd Ptn (ET) to acquire Semgroup Corp Com Cl A (SEMG).
  • Blackstone to acquire Dream Global Real Estate Inves Tr Unit (DUNDF).
  • Citizens Finl Svcs Com (CZFS) to acquire Midcoast Community Bancorp Inc Com (MDCT).
Closed Deals:
  • Global Payments Inc Com (GPN) completes acquisition of Total System Services Inc (TSS).
  • Nexstar Media Group Inc Com Cl A (NXST) completes acquisition of Tribune Media Company (TRCO).
  • Merck KGaA completes acquisition of Intermolecular Inc Com (IMI).
  • Management completes acquisition of Speedway Motor Sports Inc (TRK).
  • Marvell Tech Group Com (MRVL) completes acquisition of Aquantia Corp (AQ).
  • Anju Software, Inc. completes acquisition of Omnicomm Systems Inc (OMCM).
  • Employers Mutual Casualty Company completes acquisition of Emc Insurance Group Inc (EMCI).
  • Barrick Gold Corporation Com (GOLD) completes acquisition of Acacia Mng Plc (ABGLF).
  • Park Hotels & Resorts Inc Com (PK) completes acquisition of Chesapeake Lodging Trust (CHSP).

Merger Arbitrage Spreads Sep 23, 2019

The latest stock merger arbitrage spreads:

Sunday, September 15, 2019

The Risk Arbitrage Report for Sep 16, 2019

New Deals:
  • Aytu Bioscience Inc Com (AYTU) to acquire Innovus Pharmaceuticals Inc Com (INNV).
  • Castle Creek Pharmaceutical Holdings, Inc. to acquire Fibrocell Science Inc Com (FCSC).
  • First Defiance Financial Corp Com (FDEF) to acquire Utd Community Fin Com (UCFC).
  • First Community Bankshares Inc Com (FCBC) to acquire Highlands Bankshares Inc Com (HLND).
Busted Deals:
  • Fidelity National Financial (FNF) terminates agreement with Stewart Information Services (STC).
Closed Deals:
  • Cummins Inc Com (CMI) completes acquisition of Hydrogenics Corp (HYGS).
  • Digirad Corp Com (DRAD) completes acquisition of Atrm Holdings Inc (ATRM).
  • Yanmar Holdings completes acquisition of Asv Holdings Inc (ASV).
  • Atico Mining Corp Com (ATCMF) completes acquisition of Toachi Mining Inc (TIMGF).

Merger Arbitrage Spreads Sep 16, 2019

The latest stock merger arbitrage spreads:

Sunday, September 8, 2019

The Risk Arbitrage Report for Sep 9, 2019

New Deals:
  • Kerridge Commercial Systems to acquire Mam Software Group Inc Com (MAMS).
  • KBS Strategic Opportunity REIT, Inc. to acquire Reven Housing Reit Inc Com New (RVEN).
  • FCN Banc Corp to acquire Dsa Financial Corporation Com (DSFN).
  • Bv Financial Inc Com (BVFL) to acquire Mb Bancorp Inc Com (MBCQ).
Closed Deals:
  • First Merchants Corp (FRME) completes acquisition of Mbt Financial Corp (MBTF).