Sunday, October 25, 2020

The Risk Arbitrage Report for Oct 26, 2020

 New Deals:

• Avangrid Inc Com (AGR) to acquire Pnm Resources Inc Com (PNM).

• Pioneer Natural Resources Co Com (PXD) to acquire Parsley Energy Inc Com Cl A (PE).

• Pretium & Ares Management to acquire Front Yard Residential Corp Com (RESI).

• Conocophillips Com (COP) to acquire Concho Resources Inc Com (CXO).

• Endo International Plc Com (ENDP) to acquire Biospecifics Technologies Corp Com (BSTC).

• Cenovus Energy Inc Com (CVE) to acquire Husky Energy Inc Com (HUSKF).

• Consol Energy Inc Com (CEIX) to acquire Consol Coal Resources Lp Com (CCR).

Closed Deals:

• Gilead Sciences Inc Com (GILD) completes acquisition of Immunomedics Inc Com (IMMU).


Merger Arbitrage Spreads Oct 26, 2020

The latest stock merger arbitrage spreads:

Sunday, October 18, 2020

The Risk Arbitrage Report for Oct 19, 2020

 New Deals:

• First Citizens Bancshares Inc Com Cl A (FCNCA) to acquire Cit Group Inc Com (CIT).

• Huya Inc Adr (HUYA) to acquire Douyu Intl Hldgs Ltd Adr (DOYU).

• Management to acquire Acorn International Inc Adr (ATV).

• Pedevco Corp Com (PED) launches exchange offer for Sandridge Permian Trust Com (PERS).

• Community First Banking Co Ga Com (CFOK) to acquire Sfb Bancorp Inc Com (SFBK).

Closed Deals:

• Nestle Health Science completes acquisition of Aimmune Therapeutics Inc (AIMT).

• Enova International Inc Com (ENVA) completes acquisition of On Deck Capital (ONDK).

• Ionis Pharmaceuticals Inc Com (IONS) completes acquisition of Akcea Therapeutics Inc Csh Mrg 18.15/Sh 10/13/20 (AKCA).

• PPF Group completes acquisition of Central European Media Enterpr Csh Mrg 4.58/Sh 10/14/20 (CETV).

• Madison Dearborn Partners completes acquisition of Ipl Plastics Plc Mgr @ $10.00/Sh Cad 10/19/20 (IPLPF).

• Cambium Learning (Veritas Capital) completes acquisition of Rosetta Stone Inc Csh Mgr $30.00/Sh 10/15/20 (RST).


Merger Arbitrage Spreads Oct 19, 2020

The latest stock merger arbitrage spreads:

Sunday, October 11, 2020

The Risk Arbitrage Report for Oct 12, 2020

New Deals:

• Bristol-Myers Squibb Co Com (BMY) to acquire Myokardia Inc Com (MYOK).

• Arch Capital Group Com (ACGL) to acquire Watford Holdings Ltd Com (WTRE).

• Bridgebio Pharma Inc Com (BBIO) to acquire Eidos Therapeutics Inc Com (EIDX).

• Stem Holdings Inc Com (STMH) to acquire Driven Deliveries Inc Com (DRVD).

• Air Canada Com (ACDVF) to acquire Transat At Inc Com (TRZBF).

Busted Deals:

• Comtech Telecommunications Com (CMTL) terminates agreement with Gilat Satellite Networks Com (GILT).

Closed Deals:

• Schwab (Charles) Corp Com (SCHW) completes acquisition of Td Ameritrade Holding Corp (AMTD).

• Chevron Corporation Com (CVX) completes acquisition of Noble Energy Inc (NBL).

• Sunrun Inc Com (RUN) completes acquisition of Vivint Solar Inc 0.55:1 Exc 10/8/20 86771W105 (VSLR).

• Canadian Natural Resources Ltd Com (CNQ) completes acquisition of Painted Pony Energy Ltd (PDPYF).


Merger Arbitrage Spreads Oct 12, 2020

The latest stock merger arbitrage spreads:

Sunday, October 4, 2020

The Risk Arbitrage Report for Oct 5, 2020

 

New Deals:
• Caesars Entertainment Inc New Com (CZR) to acquire William Hill Com (WIMHF).
• Devon Energy Corp Com (DVN) to acquire Wpx Energy Inc Com (WPX).
• Ivanti, Inc to acquire Mobileiron Inc Com (MOBL).
• Atlas Copco to acquire Perceptron Inc Com (PRCP).
• Covis Group to acquire Amag Pharmaceutics Inc Com (AMAG).
• Cargotec Oyj Com (CYJBF) to acquire Konecranes Oyj Com (KNCRF).
• Tencent to acquire Sogou Inc Adr (SOGO).
• Management to acquire Sina Corporation (Cay) Com (SINA).
• Management to acquire Newater Technology Inc Com (NEWA).
• Management to acquire Gridsum Holding Inc Adr (GSUM).
• Virginia National Bankshares C Com (VABK) to acquire Fauquier Bankshares Inc Com (FBSS).
Closed Deals:
• Morgan Stanley Com (MS) completes acquisition of E Trade Financial Corporation (ETFC).
• Anheuser-Busch Inbev Sa/Nv Adr Sponsored (BUD) completes acquisition of Craft Brew Alliance Inc (BREW).
• Borg Warner Inc Com (BWA) completes acquisition of Delphi Technologies Plc (DLPH).
• Ligand Pharmaceutical Inc Com (LGND) completes acquisition of Pfenex Inc (PFNX).
• HH Global completes acquisition of Innerworkings Inc (INWK).
• Sanofi Adr Sponsored (SNY) completes acquisition of Principia Biopharma Inc (PRNB).
• Johnson & Johnson Com (JNJ) completes acquisition of Momenta Pharmaceuticals Inc (MNTA).
• Cnx Resources Corporation Com (CNX) completes acquisition of Cnx Midstream Partners Lp (CNXM).
• Management completes acquisition of Asta Funding Inc (ASFI).
• Farmers & Merchants Bancshares Com (FMFG) completes acquisition of Carroll Bancorp Inc (CROL).

Merger Arbitrage Spreads Oct 5, 2020

The latest stock merger arbitrage spreads: