Sunday, December 26, 2021

The Risk Arbitrage Report for Dec 27, 2021

New Deals:

• Oracle Corp Com (ORCL) to acquire Cerner Corp Com (CERN).

• Quidel Corp Com (QDEL) to acquire Ortho Clinicl Diag Hld Plc Com (OCDX).

• Blackstone Real Estate to acquire Bluerock Residential Growth Re Com Usd0.01 Cl A (BRG).

• BillerudKorsnäs AB  to acquire Verso Corporation Com Cl A (VRS).

Closed Deals:

• Landmark Dividend completes acquisition of Landmark Infrastructure Partne Csh Mrg $16.50/Sh 12/23/21 (LMRK).

• Lake Michigan Credit Union completes acquisition of Pilot Bancshares Inc Mrg $6.25 12/23/21 (PLBN).

• OpenText completes acquisition of Zix Corporation Csh Mrg $8.50/Sh 12/27/21 (ZIXI).

• Canadian Natural Resources Ltd Com (CNQ) completes acquisition of Storm Resources Ltd Mrg $4.8523435 12/23/21 (SRMLF).

• First Foundation Inc Com (FFWM) completes acquisition of Tgr Finl Inc .6068:1 Exc 12/20/21 32026V104 (TGRF).

• Speedway Motorsports, LLC completes acquisition of Dover Motorsports Inc Csh Mrg @$3.61/Sh 12/22/21 (DVD).

Merger Arbitrage Spreads Dec 27, 2021

The latest stock merger arbitrage spreads:

Sunday, December 19, 2021

The Risk Arbitrage Report for Dec 20, 2021

New Deals:

• Select Energy Services Inc Com Cl A (WTTR) to acquire Nuverra Environmental Solution Com (NES).

• Pfizer Inc Com (PFE) to acquire Arena Pharmaceuticals Inc Com (ARNA).

• Lone Star Funds to acquire Spx Flow Inc Com (FLOW).

• Rentokil Initial Adr Sponsored (RTOKY) to acquire Terminix Global Hldgs Inc Com (TMX).

• Entegris Inc Com (ENTG) to acquire Cmc Materials Inc Com (CCMP).

• Thoma Bravo to acquire Bottomline Technologies Com (EPAY).

• Donnelley Rr & Sons Co Com (RRD) agrees to be acquired by Chatham Asset Management, LLC and terminates deal with Atlas Holdings LLC.

Busted Deals:

• Wise Road Capital LTD terminates agreement with Magnachip Semiconductor Corp Com (MX).

Closed Deals:

• Baxter International Inc Com (BAX) completes acquisition of Hill-Rom Holdings Inc Csh Mrg $156.00/Sh 12/13/21 (HRC).

• Asahi Kasei completes acquisition of Itamar Medical Ltd Csh Mrg $31.00/Sh 12/17/21 (ITMR).

• Cubesmart Com Usd0.01 (CUBE) to acquire Laaco Ltd Csh Mrg 12/16/21 Researching (LAACZ).

• Abbvie Inc Com (ABBV) completes acquisition of Soliton Inc Csh Mrg $22.60/Sh 12/17/21 (SOLY).

• Canadian Pacific Railway Co Com (CP) completes acquisition of Kansas City Southern Mrg $90.00/Sh & 2.884:1 (KSU).

Merger Arbitrage Spreads Dec 20, 2021

The latest stock merger arbitrage spreads:

Sunday, December 12, 2021

The Risk Arbitrage Report for Dec 13, 2021

New Deals:

• Permira to acquire Mimecast Limited Com (MIME).

• Jack In The Box Inc Com (JACK) to acquire Del Taco Restaurants Inc New Com (TACO).

• Saint-Gobain to acquire Gcp Applied Technologies Inc Com (GCP).

• Kinross Gold Corp Com (KGC) to acquire Great Bear Resources Ltd Com Cl A (GTBAF).

• Alerus Financial Corp Com (ALRS) to acquire Mpb Bhc Inc Com (MPHX).

Closed Deals:

• Kkr & Co Inc Com (KKR) completes acquisition of Ocean Yield Asa Csh Mrg $41.259/Sh Nok 12/7/21 (OYIEF).

• PIMCO completes acquisition of Columbia Property Trust Inc Csh Mrg $17.13/Sh 12/8/21 (CXP).

• Nicolet Bankshares Inc Com (NCBS) completes acquisition of County Bancorp Csh & Stk Mrg 12/6/21 Resrch (ICBK).

• Thermo Fisher Scientific Inc Com (TMO) completes acquisition of Ppd Inc Csh Mrg $47.50/Sh 12/9/21 (PPD).

Merger Arbitrage Spreads Dec 13, 2021

The latest stock merger arbitrage spreads:

Sunday, December 5, 2021

The Risk Arbitrage Report for Dec 6, 2021

New Deals:

• Slr Investment Corp Com (SLRC) to acquire Slr Senior Investment Corp Com (SUNS).

Busted Deals:

• The Great American Outdoors Group terminates agreement with Sportsmans Warehouse Hldgs Inc Com (SPWH).

Closed Deals:

• EQT completes acquisition of Covanta Holding Corporation Csh Mrg $20.25/Sh 11/30/21 (CVA).

• Paper Excellence completes acquisition of Domtar Corporation Csh Mrg $55.50/Sh 11/30/21 (UFS).

• Eversource Energy Com (ES) completes acquisition of New England Service Co .5121:1 Exc 12/1/21 Research (NESW).

• Cnh Industrial Nv Com (CNHI) completes acquisition of Raven Industries Inc Csh Mrg $58.00/Sh 12/1/21 (RAVN).

• Mid Penn Bancorp Inc Com (MPB) completes acquisition of Riverview Financial Corp New .4833:1 Exc 12/1/21 59540G107 (RIVE).

• IAC (IAC) & Gray Television (GTN) completes acquisition of Meredith Corp Csh Mrg $16.99/Sh 12/2/21 (MDP).

• Energy Transfer Lp Com Units Rep Ltd Ptn Int (ET) completes acquisition of Enable Midstream Partners Lp 0.8595:1 Exc 12/3/21 29273V100 (ENBL).

• Old Second Bancorp Inc Com (OSBC) completes acquisition of West Suburban Bancorp Inc Mgr $271.15/Sh & 42.413:1 (WNRP).

• United Bankshares Inc Com (UBSI) completes acquisition of Community Bkrs Tr .3173:1 Exc 12/6/21 909907107 (ESXB).

Merger Arbitrage Spreads Dec 6, 2021

The latest stock merger arbitrage spreads:

Sunday, November 28, 2021

The Risk Arbitrage Report for Nov 29, 2021

New Deals:

• EnCap Energy Capital Fund to acquire Goodrich Petroleum Corporation Com (GDP).

• Ericsson Adr Sponsored (ERIC) to acquire Vonage Hldgs Corporation Com (VG).

Closed Deals:

• Merck & Co Inc Com (MRK) completes acquisition of Acceleron Pharma Csh Mrg $180.00/Sh 11/23/21 (XLRN).

• Mitsubishi HC Capital Inc completes acquisition of Cai International Inc Csh Mrg $56.00/Sh 11/23/21 (CAI).

• Supernus Pharmaceuticals Inc Com (SUPN) completes acquisition of Adamas Pharmaceuticals Inc Mrg $8.10/Sh &2:1 Cvr 11/26/21 (ADMS).

• The Jordan Company, L.P. completes acquisition of Echo Global Logistics Inc Csh Mrg $48.25/Sh 11/24/21 (ECHO).

• Nordic Captial & Insight Partners & 22C Capital & Management completes acquisition of Inovalon Holdings Inc Csh Mrg $41.00/Sh 11/26/21 (INOV).

Merger Arbitrage Spreads Nov 29, 2021

The latest stock merger arbitrage spreads:

Sunday, November 21, 2021

The Risk Arbitrage Report for Nov 22, 2021

New Deals:

• Novo Nordisk A/S Adr Sponsored (NVO) to acquire Dicerna Pharmaceuticals Inc Com (DRNA).

• KKR & Global Infrastructure Partners to acquire Cyrusone Inc Com Usd0.01 (CONE).

• American Tower Corp Com Usd0.01 (AMT) to acquire Coresite Realty Corp Com Usd0.01 (COR).

• Durational Capital Management LP to acquire Casper Sleep Inc Com (CSPR).

• Bm Technologies Inc Com Cl A (BMTX) to acquire First Sound Bank (Wa) Com (FSWA).

• Cloudmd Software & Service Inc Com (DOCRF) to acquire Mindbeacon Hldgs Inc Com (MBCHF).

• Cubesmart Com Usd0.01 (CUBE) to acquire Laaco Ltd Com (LAACZ).

• Simmons First National Corp Com Cl A (SFNC) to acquire Spirit Of Texas Bancshares Inc Com (STXB).

Busted Deals:

• Kidedu Holdings Limited terminates agreement with Tarena Intl Inc Adr (TEDU).

Closed Deals:

• Eastern Bankshares Inc Com (EBC) completes acquisition of Century Bancorp Inc Csh Mrg $115.28/Sh 11/15/21 (CNBKA).

• Independent Bank Corp (Mass) Com (INDB) completes acquisition of Meridian Bancorp Inc .275:1 Exc 11/15/21 453836108 (EBSB).

• Desktop Metal Inc Com Cl A (DM) completes acquisition of Exone Co Mrg $8.50/Sh & 2.14:1 11/15/21 (XONE).

• Pacira Biosciences Inc Com (PCRX) completes acquisition of Flexion Therapeutics Inc Csh Mrg @$8.50/Sh 11/19/21 (FLXN).

• Pfizer Inc Com (PFE) completes acquisition of Trillium Therapeutics Inc Csh Mrg $18.50/Sh 11/18/21 (TRIL).

• DAC Acquisition LLC completes acquisition of Diversicare Health Com (DVCR).

Merger Arbitrage Spreads Nov 22, 2021

The latest stock merger arbitrage spreads:

Sunday, November 14, 2021

The Risk Arbitrage Report for Nov 15, 2021

New Deals:

• Cbtx Inc Com (CBTX) to acquire Allegiance Bancsha Com (ABTX).

• Highgate & Cerberus Capital Management to acquire Corepoint Lodging Inc Com Usd0.01 (CPLG).

• Advent International Corp, Permira Advisers LLC, Crosspoint Capital Partners, Canada Pension Plan Investment Board, GIC Private Limited, & Abu Dhabi Investment Authority to acquire Mcafee Corp Com Cl A (MCFE).

• Lemonade Inc Com (LMND) to acquire Metromile Inc Com (MILE).

• Newcrest Mining Com (NCMGF) to acquire Pretium Resources Inc Com (PVG).

• Speedway Motorsports, LLC to acquire Dover Motorsports Inc Com (DVD).

• Qcr Holdings Inc Com (QCRH) to acquire Guaranty Fed Bancs Com (GFED).

• Geneve Holdings, Inc. to acquire Independence Hldgs Com (IHC).

• Canadian Natural Resources Ltd Com (CNQ) to acquire Storm Resources Ltd Com (SRMLF).

• OpenText to acquire Zix Corporation Com (ZIXI).

Closed Deals:

• Thoma Bravo completes acquisition of Qad Inc Csh Mrg $87.50/Sh 11/8/21 (QADB).

• Sanofi Adr Sponsored (SNY) completes acquisition of Kadmon Hldgs Inc Csh Mrg $9.50/Sh 11/10/21 (KDMN).

• United Federal Credit Union completes acquisition of Edgewater Bancorp Inc Liq $41.00/Sh & Escrow 11/9/21 (EGDW).


Merger Arbitrage Spreads Nov 15, 2021

The latest stock merger arbitrage spreads:

Sunday, November 7, 2021

The Risk Arbitrage Report for Nov 8, 2021

New Deals:

• Dupont De Nemours Inc Com (DD) to acquire Rogers Corp Com (ROG).

• Atlas Holdings LLC to acquire Donnelley Rr & Sons Co Com (RRD).

• Lumentum Hldgs Inc Com (LITE) to acquire Neophotonics Corp Com (NPTN).

• Industrial Logistics Pptys Tr Com Shs Of Ben Int Usd0.01 (ILPT) to acquire Monmouth Real Estate Invt Corp Com Cl'A' Usd0.01 (MNR).

• Chifeng Jilong Gold Mining Co., Ltd. to acquire Golden Star Resources Ltd Com (GSS).

• Midwestone Financial Group Inc Com (MOFG) to acquire Iowa First Bancshares Corp Com (IOFB).

• Oceanfirst Financial Corp Com (OCFC) to acquire Partners Bancorp Com (PTRS).

• First Merchants Corp Com (FRME) to acquire Level One Bancorp Inc Com (LEVL).

• Anjac SAS to acquire Apollo Healthcare Corp Com Cl B (AHCCF).

Closed Deals:

• Wind Point Partners completes acquisition of Afa Protective Systems Inc Csh Mrg $745.50/Sh 10/26/21 (AFAP).

• Farmers National Bancorp Com (FMNB) completes acquisition of Cortland Bancorp Mrg $28/Sh Or 1.75:1 11/2/21 (CLDB).

• Bonanza Creek Energy Inc N/C 11/2/21 17888H103 (BCEI) completes acquisition of Extraction Oil & Gas Inc 1.1883:1 Exc 11/2/21 17888H103 (XOG).

• Thoma Bravo completes acquisition of Qad Inc Csh Mrg $87.50/Sh 11/8/21 (QADA).

Merger Arbitrage Spreads Nov 8, 2021

The latest stock merger arbitrage spreads:

Sunday, October 31, 2021

The Risk Arbitrage Report for Nov 1, 2021

New Deals:

• Zendesk Inc Com (ZEN) to acquire Momentive Global Inc Com (MNTV).

• Amentum Government Services Holdings LLC to acquire Pae Inc Com Cl A (PAE).

• Wilks Brothers, LLC to acquire Dawson Geophysical Co Com (DWSN).

• Crestwood Equity Partners Lp Unit Ltd Partnership Int (CEQP) to acquire Oasis Midstream Partners Lp Com Units Repstg Ltd Partne (OMP).

• Phillips 66 Com (PSX) to acquire Phillips 66 Partners Lp Com Unit Rep Ltd Partnershi (PSXP).

• Genius Brands Intl Inc Com (GNUS) to acquire Wow Unlimited Media Inc Com (WOWMF).

Closed Deals:

• Bioventus Inc Com Cl A (BVS) to acquire Misonix Inc Researching Reorg 11/1/21 (MSON).

• Thoma Bravo completes acquisition of Medallia Inc Csh Mrg  $34.00/Sh 10/29/21 (MDLA).

• Shore Bancshares Inc Com (SHBI) completes acquisition of Severn Bancorp Inc Mrg $28.00/Sh & .620:1 11/1/21 (SVBI).

• Realty Income Corp Com (O) completes acquisition of Vereit Inc 0.705:1 Exc 11/1/21 756109104 (VER).

• Brandt Tractor Ltd completes acquisition of Cervus Equipment Corporation Csh Mrg $19.50/Sh Cad 10/27/21 (CSQPF).

• Bancorpsouth Bank N/C 10/29/21 12740C103 (BXS) completes acquisition of Cadence Bank Com (CADE).

• Brookfield Infrastructure Part Limited Partnership Units (BIP) completes acquisition of Inter Pipeline Ltd Com (IPPLF).

Merger Arbitrage Spreads Nov 1, 2021

The latest stock merger arbitrage spreads:

Sunday, October 24, 2021

The Risk Arbitrage Report for Oct 25, 2021

New Deals:

• Raymond James Financial Inc Com (RJF) to acquire Tristate Cap Hldgs Inc Com (TSC).

• ProFrac Holdings, LLC to acquire Fts International Inc Com Cl A (FTSI).

Closed Deals:

• Penn National Gaming Inc Com (PENN) completes acquisition of Score Media And Gaming Inc Mrg $17.00/Sh & .2398:1 (SCR).

• Benefit Street Partners Realty Trust, Inc completes acquisition of Capstead Mtge.Corp Mrg $.94/Sh & .3288:1 10/19/21 (CMO).

• Sun Capital Partners completes acquisition of Select Interior Concepts Inc Csh Mrg $14.50/Sh 10/22/21 (SIC).

• Blackstone Real Estate Income Trust, Inc. completes acquisition of Wpt Indl Real Estate Invt Tr Csh Mrg $22.00/Sh 10/20/21 (WPTIF).

• Kite Realty Group Trust Com Usd0.01 (KRG) completes acquisition of Retail Prop Of America Inc .623:1 Exc 10/22/21 49803T300 (RPAI).

• Banc Of California Inc Com (BANC) completes acquisition of Pacific Mercantile Bancorp .5:1 Exc 10/19/21 05990K106 (PMBC).

• First Bancorp Nc Com (FBNC) completes acquisition of Select Bancorp Inc .408:1 Exc 10/19/21 318910106 (SLCT).

• Farmers & Merchants Bank (Oh) Com (FMAO) completes acquisition of Perpetual Federal Savings Bank Merger $41.20 10/1/21 (PFOH).

Merger Arbitrage Spreads Oct 25, 2021

The latest stock merger arbitrage spreads:

Sunday, October 17, 2021

The Risk Arbitrage Report for Oct 18, 2021

New Deals:

• Umpqua Holdings Corp Com (UMPQ) to acquire Columbia Banking Systems Inc Com (COLB).

• Pacira Biosciences Inc Com (PCRX) to acquire Flexion Therapeutics Inc Com (FLXN).

• Supernus Pharmaceuticals Inc Com (SUPN) to acquire Adamas Pharmaceuticals Inc Com (ADMS).

• Emerson Electric Co Com (EMR) to acquire Aspen Technology Inc Com (AZPN).

Closed Deals:

• Clearlake Capital Group completes acquisition of Cornerstone Ondemand Inc Csh Mrg $57.50/Sh 10/18/21 (CSOD).

• Learning Technologies Group completes acquisition of Gp Strategies Corp Csh Mrg $20.85/Sh 10/15/21 (GPX).

• Navios Maritime Partners Lp Com Uts Rep Ltd Ptr Int(P/S (NMM) completes acquisition of Navios Maritime Acquisition Co .1275:1 Exc 10/15/21 Y6226740 (NNA).

Merger Arbitrage Spreads Oct 18, 2021

The latest stock merger arbitrage spreads:

Sunday, October 10, 2021

The Risk Arbitrage Report for Oct 9, 2021

New Deals:

• IAC (IAC) & Gray Television (GTN) to acquire Meredith Corp Com (MDP).

• Stonepeak to acquire Teekay Lng Partners Lp Partnership Units (TGP).

• Veoneer Inc Com (VNE) agrees to be acquired by Qualcomm Incorporated (QCOM) & SSW Partners and terminates deal with Magna International Inc Com  (MGA).

• Community Bank Systems Inc Com (CBU) to acquire Elmira Svgs Bk Elmira Ny Com (ESBK).

Closed Deals:

• Thoma Bravo completes acquisition of Stamps.Com Inc Csh Mrg $330.00/Sh 10/6/21 (STMP).

• Clayton, Dubilier & Rice and KKR completes acquisition of Cloudera Inc Csh Mrg $16.00/Sh 10/8/21 (CLDR).

• Creation Technologies Inc. completes acquisition of Iec Electronics Csh Mrg $15.35/Sh 10/6/21 (IEC).

• Penn Virginia Corp Com (PVAC) completes acquisition of Lonestar Resources Us Inc .51:1 Exc 10/7/21 70788V102 (LONE).

• Meta Materials Inc Com (MMAT) completes acquisition of Nanotech Security Corporation Csh Mrg $1.25/Sh Cad 10/6/21 (NTSFF).

• Xeris Biopharma Hldgs Inc Com (XERS) completes acquisition of Strongbridge Biopharma Plc 0.784:1 Exc 10/6/21 98422E103 (SBBP).

• Southern Calif Bancorp Com (BCAL) completes acquisition of Bank Of Santa Clarita 1:1 Exc 10/6/21 84252A106 (BSCA).

Merger Arbitrage Spreads Oct 9, 2021

The latest stock merger arbitrage spreads:

Sunday, October 3, 2021

The Risk Arbitrage Report for Oct 4, 2021

New Deals:

• Merck & Co Inc Com (MRK) to acquire Acceleron Pharma Com (XLRN).

• DL Holdings Co., Ltd. to acquire Kraton Corporation Com (KRA).

• Agnico Eagle Mines Ltd Com (AEM) to acquire Kirkland Lake Gold Com (KL).

Busted Deals:

• Zoom Video Communications Inc Com Cl A (ZM) terminates agreement with Five9 Inc Com (FIVN).

Closed Deals:

• Glacier Bancorp Com (GBCI) completes acquisition of Altabancorp .7971:1 Exc 10/1/21 37637Q105 (ALTA).

• Columbia Banking Systems Inc Com (COLB) completes acquisition of Bank Of Commerce Holdings Inc 0.4:1 Exc 10/1/21 197236102 (BOCH).

• Cabot Oil & Gas Corp Com (COG) completes acquisition of Cimarex Energy Co 4.0146:1 Exc 10/1/21 127097103 (XEC).

• Ballys Corporation Com (BALY) completes acquisition of Gamesys Group Plc Researching Mrg 10/1/21 (JKPTF).

• Trulieve Cannabis Corp Com (TCNNF) completes acquisition of Harvest Health And Recreation Com (HRVSF).

• SPB Hospitality completes acquisition of J Alexanders Hldgs Inc Csh Mrg $14.00/Sh 9/30/21 (JAX).

• Unifrax & Clearlake Capital Group completes acquisition of Lydall Inc Csh Mrg $62.10/Sh 10/1/21 (LDL).

• Rmr Mortgage Trust N/C 10/1/21 81784E101 (RMRM) completes acquisition of Tremont Mortgage Trust 0.516:1 Exc 10/1/21 81784E101 (TRMT).

• United Community Banks Inc Com (UCBI) completes acquisition of Aquesta Financial Holding Com (AQFH).

Merger Arbitrage Spreads Oct 4, 2021

The latest stock merger arbitrage spreads:

Sunday, September 26, 2021

The Risk Arbitrage Report for Sep 27, 2021

New Deals:

• Valley National Bancorp Com (VLY) to acquire Bank Leumi Le-Israel Bm Com (BLMIF).

Closed Deals:

• Peoples Bancorp Inc Com (PEBO) completes acquisition of Premier Financial Bancorp Inc 0.58:1 Exc 9/20/21 709789101 (PFBI).

• Ventas Inc Com Usd0.25 (VTR) completes acquisition of New Sr Invest Grp Inc 0.1561:1 Exc 9/21/21 92276F100 (SNR).

• Tencent completes acquisition of Sogou Inc Csh Mrg $8.95/Sh 9/24/21 (SOGO).

• Apollo Global Management Inc Com Cl A (APO) completes acquisition of Great Canadian Gaming Corp Csh Mrg $45.00/Sh Cad 9/23/21 (GCGMF).

• Standard Industries Holdings completes acquisition of Grace (Wr) & Co Csh Mrg $70.00/Sh 9/22/21 (GRA).

• Linkbancorp Inc Com (LNKB) completes acquisition of Gnb Financial Services Inc Com (GNBF).

Merger Arbitrage Spreads Sep 27, 2021

The latest stock merger arbitrage spreads:

Sunday, September 19, 2021

The Risk Arbitrage Report for Sep 20, 2021

New Deals:

• Kansas City Southern Com (KSU) agrees to be acquired by Canadian Pacific Railway Co Com (CP) and terminates deal with Canadian National Railways Co Com  (CNI).

• Goldman Sachs Group Inc Com (GS) to acquire Greensky Inc Com Cl A (GSKY).

• Anglogold Ashanti Ltd Adr Sponsored (AU) to acquire Corvus Gold Inc Com (KOR).

• Asahi Kasei to acquire Itamar Medical Ltd Adr Sponsored (ITMR).

• KKR & Co Inc Com (KKR) to acquire Ocean Yield Asa Ord No0010657448 (OYIEF).

• First Interstate B Com Cl A (FIBK) to acquire Great Western Bancorp Inc Com (GWB).

Closed Deals:

• Sanofi Adr Sponsored (SNY) completes acquisition of Translate Bio Inc Csh Mrg $38.00/Sh 9/15/21 (TBIO).

Merger Arbitrage Spreads Sep 20, 2021

The latest stock merger arbitrage spreads:

Sunday, September 12, 2021

The Risk Arbitrage Report for Sep 13, 2021

New Deals:

• Sanofi Adr Sponsored (SNY) to acquire Kadmon Hldgs Inc Com (KDMN).

• PIMCO to acquire Columbia Property Trust Inc Com Usd0.01 (CXP).

• Baycom Corp Com (BCML) to acquire Pacific Entrprse Bancrp Irvn C Com (PEBN).

• The Jordan Company, L.P. to acquire Echo Global Logistics Inc Com (ECHO).

Closed Deals:

• Apollo Global Management Inc Com Cl A (APO) completes acquisition of New Home Company Inc Csh Mrg @$9.00/Sh 9/8/21 (NWHM).

• Management completes acquisition of Ossen Innovation Co Ltd Csh Mrg $5.10/Sh 9/10/21 (OSN).

Merger Arbitrage Spreads Sep 13, 2021

The latest stock merger arbitrage spreads:

Sunday, September 5, 2021

The Risk Arbitrage Report for Sep 6, 2021

New Deals:

• Baxter International Inc Com (BAX) to acquire Hill-Rom Holdings Inc Com (HRC).

• Adtran Inc Com (ADTN) to acquire Adva Optical Networking Se Com (ADVOF).

• Aradagh Metal Packaging Com (AMBP) make share exchange offer for Ardagh Group S A Com Cl A (ARD).

• Wind Point Partners to acquire Afa Protective Systems Inc Com (AFAP).

Busted Deals:

• Equity Commonwealth Usd0.01( Bnf Int) (EQC) terminates agreement with Monmouth Real Estate Invt Corp Com Cl'A' Usd0.01 (MNR).

Closed Deals:

• Thoma Bravo completes acquisition of Proofpoint Inc Csh Mrg $176.00/Sh 9/1/21 (PFPT).

• Performance Food Group Co Com (PFGC) completes acquisition of Core-Mark Hldg Co Inc Mrg $23.87/Sh & 0.44:1 9/2/21 (CORE).

• Constant Contact & Clearlake Capital Group & Siris Capital completes acquisition of Sharpspring Inc Csh Mrg $17.10/Sh 9/2/21 (SHSP).

• Blackstone Inc Com (BX) completes acquisition of Qts Realty Trust Inc Csh Mrg $78.00/Sh 9/1/21 (QTS).

• Renesas Electronics Corp Com (RNECF) completes acquisition of Dialog Semiconductor Csh Mrg $67.50/Sh Eur 8/31/21 (DLGNF).

• Greenlane Holdings Inc Com Cl A (GNLN) completes acquisition of Kushco Holdings Inc 0.3016:1 Exc 9/1/21 395330103 (KSHB).

• GI Partners completes acquisition of Orbcomm Inc Csh Mrg $11.50/Sh 9/2/21 (ORBC).

• Macquarie Infrastructure Partners completes acquisition of Cincinnati Bell Inc Csh Mrg $15.50/Sh 9/7/21 (CBB).

• Nicolet Bankshares Inc Com (NCBS) completes acquisition of Mackinac Financial Corp Mrg $4.64 & .22:1 9/7/21 (MFNC).

Merger Arbitrage Spreads Sep 6, 2021

The latest stock merger arbitrage spreads:

Sunday, August 29, 2021

The Risk Arbitrage Report for Aug 30, 2021

New Deals:

• Pfizer Inc Com (PFE) to acquire Trillium Therapeutics Inc Com (TRIL).

• Landmark Dividend to acquire Landmark Infrastructure Partne Com Unit Ltd Partner Int (LMRK).

• GuideWell Mutual Holding Corp to acquire Triple S Managment Corp Com (GTS).

• Navios Maritime Partners Lp Com Uts Rep Ltd Ptr Int(P/S (NMM) to acquire Navios Maritime Acquisition Co Com (NNA).

• Santander Holdings USA, Inc. to acquire Santander Consumer Usa Hldgs I Com (SC).

• DAC Acquisition LLC to acquire Diversicare Health Com (DVCR).

Closed Deals:

• Analog Devices Inc Com (ADI) completes acquisition of Maxim Integrated Products .63:1 Exc 8/27/21 032654105 (MXIM).

• Vulcan Materials Co Com (VMC) completes acquisition of Us Concrete Inc Csh Mrg $74.00/Sh 8/27/21 (USCR).

• Sitel Group completes acquisition of Sykes Enterprises Inc Csh Mrg $54.00/Sh 8/27/21 (SYKE).

• Elanco Animal Health Inc Com (ELAN) completes acquisition of Kindred Biosciences Inc Csh Mrg $9.25/Sh 8/30/21 (KIN).

• Gold Royalty Corp Com (GROY) completes acquisition of Ely Gold Royalties Inc Mrg @Resrch & .245:1 8/24/21 (ELYGF).

Merger Arbitrage Spreads Aug 30, 2021

The latest stock merger arbitrage spreads:

Sunday, August 22, 2021

The Risk Arbitrage Report for Aug 23, 2021

New Deals:

• Nordic Captial & Insight Partners & 22C Capital & Management to acquire Inovalon Holdings Inc Com Cl A (INOV).

• Brandt Tractor Ltd to acquire Cervus Equipment Corporation Com (CSQPF).

Closed Deals:

• Bowlero Corp completes acquisition of Bowl America Inc Csh Mrg $8.53/Sh 8/17/21 (BWL/A).

• Orocobre Ltd Com (OROCF) completes acquisition of Galaxy Resources .569:1 Exc 8/17/21 Q7142R106 (GALXF).

• Stratabound Minerals Corp Com (SBMIF) to acquire California Gold Mining Inc 1:1 Exc 8/17/21 86268E303 (CFGMF).

Merger Arbitrage Spreads Aug 23, 2021

The latest stock merger arbitrage spreads:

Sunday, August 15, 2021

The Risk Arbitrage Report for Aug 16, 2021

New Deals:

• Draftkings Inc Com Cl A (DKNG) to acquire Golden Nugget Online Gaming Com Cl A (GNOG).

• Cargill & Continental Grain Company to acquire Sanderson Farm Inc Com (SAFM).

• Blackstone Real Estate Income Trust, Inc. to acquire Wpt Indl Real Estate Invt Tr Trust Units (Cad) (WPTIF).

• Brookfield Asset Mgmt Reins Pa Com Cl A (BAMR) to acquire American National Group Inc Com (ANAT).

• Nortonlifelock Inc Com (NLOK) to acquire Avast Plc Com (AVASF).

• Sun Capital Partners to acquire Select Interior Concepts Inc Com Cl A (SIC).

• Desktop Metal Inc Com Cl A (DM) to acquire Exone Co Com (XONE).

• Creation Technologies Inc. to acquire Iec Electronics Com (IEC).

Closed Deals:

• Fundamental Advisors LP to acquire Mma Capital Holdings Inc Csh Mrg $27.77/Sh 8/16/21 (MMAC).

Merger Arbitrage Spreads Aug 16, 2021

The latest stock merger arbitrage spreads:

Sunday, August 8, 2021

The Risk Arbitrage Report for Aug 9, 2021

New Deals:

• Square Inc Com Cl A (SQ) to acquire Afterpay Ltd Com (AFTPF).

• Medtronic Plc Com (MDT) to acquire Intersect Ent Inc Com (XENT).

• Penn National Gaming Inc Com (PENN) to acquire Score Media And Gaming Inc Com Cl A (SCR).

• Clearlake Capital Group to acquire Cornerstone Ondemand Inc Com (CSOD).

• Sanofi Adr Sponsored (SNY) to acquire Translate Bio Inc Com (TBIO).

• HoldCo to acquire New Frontier Health Corp Com (NFH).

• Meta Materials Inc Com (MMAT) to acquire Nanotech Security Corporation Com (NTSFF).

Closed Deals:

• Lancer Capital, LLC completes acquisition of Iconix Brand Group Inc Csh Mrg $3.15/Sh 8/5/21 (ICON).

• TowerBrook Capital Partners L.P. completes acquisition of Prosight Global Inc Csh Mrg @$12.85/Sh 8/4/21 (PROS).

• Colony Bankcorp Inc Com (CBAN) completes acquisition of Southcrest Financial Group Inc Mrg $10.45 8/2/21 (SCSG).

• Kimco Realty Corp Com Usd0.01 (KIM) completes acquisition of Weingarten Realty Investors Mrg $2.20/Sh & 1.408:1 8/4/21 (WRI).

• Carlyle Aviation Partners completes acquisition of Fly Leasing Ltd Csh Mrg $17.05/Sh 8/3/21 (FLY).

• Amryt Pharma Plc (New) Adr Sponsored (AMYT) completes acquisition of Chiasma Inc 0.396:1 Exc 8/6/21 03217L106 (CHMA).

• Bank Of Marin Bancorp Com (BMRC) completes acquisition of American River Bankshares 0.575:1 Exc 8/9/21 063425102 (AMRB).

Merger Arbitrage Spreads Aug 9, 2021

The latest stock merger arbitrage spreads:

Sunday, August 1, 2021

The Risk Arbitrage Report for Aug 2, 2021

New Deals:

• Thoma Bravo to acquire Medallia Inc Com (MDLA).

• Benefit Street Partners Realty Trust, Inc to acquire Capstead Mtge.Corp Com Usd0.01 (CMO).

• Trico Bancshares Com (TCBK) to acquire Valley Republic Bancorp Com (VLLX).

• Bioventus Inc Com Cl A (BVS) to acquire Misonix Inc Com (MSON).

• Finward Bancorp Com (FNWD) to acquire Royal Financial Inc Com (RYFL).

• Citizens Finl Group Inc Com (CFG) to acquire Investors Bancorp Inc Com (ISBC).

• Cvb Financial Com (CVBF) to acquire Suncrest Bk Visalia Calif Com (SBKK).

• Old Second Bancorp Inc Com (OSBC) to acquire West Suburban Bancorp Inc Com (WNRP).

• Inter Pipeline Ltd Com (IPPLF) agrees to be acquired by Brookfield Infrastructure Part Limited Partnership Units (BIP) and terminates deal with Pembina Pipeline Corporation Com  (PBA).

Busted Deals:

• Aon Plc (Ie) Com Cl A (AON) terminates agreement with Willis Towers Watson Plc Com (WLTW).

Closed Deals:

• Brookfield Asset Mgmt Inc Com Cl A (BAM) completes acquisition of Brookfield Prop Partners Lp Mrg $12.38/Sh & 0.0913:1 (BPY).

• Thoma Bravo completes acquisition of Talend Sa Adr Termination 7/30/21 (TLND).

Merger Arbitrage Spreads Aug 2, 2021

The latest stock merger arbitrage spreads:

Saturday, July 24, 2021

The Risk Arbitrage Report for July 26, 2021

New Deals:

• Zoom Video Communications Inc Com Cl A (ZM) to acquire Five9 Inc Com (FIVN).

• Kite Realty Group Trust Com Usd0.01 (KRG) to acquire Retail Prop Of America Inc Com Usd0.001 Cl A (RPAI).

• Apollo Global Management Inc Com Cl A (APO) to acquire New Home Company Inc Com (NWHM).

• South State Corp Com (SSB) to acquire Atlantic Cap Bancshares Inc Com (ACBI).

• Magna International Inc Com (MGA) to acquire Veoneer Inc Com (VNE).

Closed Deals:

• Herman Miller Inc Com (MLHR) completes acquisition of Knoll Inc Mrg  $11/Sh & 0.32:1 7/20/21 (KNL).

• Enterprise Fin Services Corp Com (EFSC) completes acquisition of First Choice Bancorp .6603:1 Exc 7/22/21 293712105 (FCBP).

• Astrazeneca Adr Sponsored (AZN) completes acquisition of Alexion Pharmaceutical Inc Mrg $60.00/Sh & 2.1243:1 (ALXN).

• Sundial Growers Inc Com (SNDL) completes acquisition of Inner Spirit Holdings Ltd Mrg $0.30/Sh Cad & 0.0835:1 (INSHF).

• Hellman & Friedman completes acquisition of At Home Group Inc Csh Mgr @ $37.00/Sh 7/23/21 (HOME).

• Atn International Inc Com (ATNI) completes acquisition of Alaska Communications Sys Grp Csh Mrg $3.40/Sh 7/23/21 (ALSK).

• Salesforce.Com Inc Com (CRM) completes acquisition of Slack Technologies Inc Mrg $26.79/Sh & 0.0776:1 (WORK).

Merger Arbitrage Spreads July 26, 2021

The latest stock merger arbitrage spreads:

Sunday, July 18, 2021

The Risk Arbitrage Report for July 19, 2021

New Deals:

• Liberty Mutual Holding Company Inc. to acquire State Auto Financial Corp Com (STFC).

• Penn Virginia Corp Com (PVAC) to acquire Lonestar Resources Us Inc Com (LONE).

• Welbilt Inc Com (WBT) agrees to be acquired by Ali Holding and terminates deal with Middleby Corp Com (MIDD).

• EQT to acquire Covanta Holding Corporation Com (CVA).

• Learning Technologies Group to acquire Gp Strategies Corp Com (GPX).

• Lakeland Bancorp Inc Com (LBAI) to acquire First Constitution Bancorp Com (FCCY).

• Fnb Corp Pa Com (FNB) to acquire Howard Bancorp Inc Com (HBMD).

• United Community Banks Inc Com (UCBI) to acquire Reliant Bancorp Inc Com (RBNC).

• Blue Ridge Bankshares Inc (Va) Com (BRBS) to acquire Fvcbankcorp Inc Com (FVCB).

Busted Deals:

• Huya Inc Adr (HUYA) terminates agreement with Douyu Intl Hldgs Ltd Adr (DOYU).

Closed Deals:

• Management completes acquisition of Newater Technology Inc Csh Mrg 3.65/Sh 7/14/21 (NEWA).

• Diasorin Spa Com (DSRLF) completes acquisition of Luminex Corp (Del) Csh Mrg @ $37.00/Sh 7/15/21 (LMNX).

• Morphosys Adr Sponsored (MOR) completes acquisition of Constellation Pharmas Inc Csh Mrg @ $34.00/Sh 7/16/21 (CNST).

• International Seaways Inc Com (INSW) completes acquisition of Diamond S Shipping Inc 0.55375:1 Exc 7/16/21 (DSSI).

• Mks Instruments Inc Com (MKSI) completes acquisition of Photon Control Inc Csh Mrg $3.60/Sh Cad 7/19/21 (POCEF).

Merger Arbitrage Spreads July 19, 2021

The latest stock merger arbitrage spreads:

Sunday, July 11, 2021

The Risk Arbitrage Report for July 12, 2021

New Deals:

• Thoma Bravo to acquire Stamps.Com Inc Com (STMP).

Closed Deals:

• Madison Square Garden Entertai Com Cl A (MSGE) completes acquisition of Msg Network Inc 0.172:1 Exc 7/9/21 55826T102 (MSGN).

• Management completes acquisition of China Customer Relations Cente Csh Mrg @$6.50/Sh 7/7/21 (CCRC).

• Secure Energy Services Inc Com (SECYF) completes acquisition of Tervita Corporation 1.2757:1 Exc 7/7/21 81373C102 (TRVCF).

Merger Arbitrage Spreads July 12, 2021

The latest stock merger arbitrage spreads:

Sunday, July 4, 2021

The Risk Arbitrage Report for July 5, 2021

New Deals:

• Thoma Bravo to acquire Qad Inc Com Cl A (QADA).

• Mks Instruments Inc Com (MKSI) to acquire Atotech Ltd Com (ATC).

• SPB Hospitality to acquire J Alexanders Hldgs Inc Com (JAX).

• Ventas Inc Com Usd0.25 (VTR) to acquire New Sr Invest Grp Inc Com Npv (SNR).

• Mid Penn Bancorp Inc Com (MPB) to acquire Riverview Financial Corp New Com (RIVE).

Closed Deals:

• Volkswagen Ag Adr Unsponsored (VWAGY) completes acquisition of Navistar International Corp Csh Mrg @$44.50/Sh 7/1/21 (NAV).

• Svb Financial Group Com (SIVB) completes acquisition of Boston Private Holdings Inc Mrg @$2.10 & .0228:1 78486Q101 (BPFH).

• Torchlight Energy Resources In 1:2 R/S 6/28/21 59134N104 (TRCH) completes acquisition of Metamaterial Exchangeco Inc Com (MMATF).

• Icon Plc Com (ICLR) completes acquisition of Pra Health Sciences Inc Mgr $80.00 & 0.4125:1 7/2/21 (PRAH).

• Arch Capital Group Com (ACGL) completes acquisition of Watford Holdings Ltd Csh Mgr @ $35.00/Sh 7/2/21 (WTRE).

• Cbb Bancorp Inc Com (CBBI) completes acquisition of Ohana Pacific Bank Com (Physical Only) (OHPB).

• Fidelity D&D Bancorp Com (FDBC) completes acquisition of Landmark Bancorp Inc Mrg @$3.26/Sh & .272:1 7/1/21 (LDKB).

• Fortuna Silver Mines Inc Com (FSM) completes acquisition of Roxgold Inc 0.283:1 & $.001Cdn/Sh 7/6/21 (ROGFF).

• Secure Energy Services Inc Com (SECYF) completes acquisition of Tervita Corporation Com (TRVCF).

• First National Corp (Va) Com (FXNC) completes acquisition of Bank Fincastle Va Com (BFTL).

Merger Arbitrage Spreads July 5, 2021

The latest stock merger arbitrage spreads:

Sunday, June 27, 2021

The Risk Arbitrage Report for June 28, 2021

New Deals:

• Cnh Industrial Nv Com (CNHI) to acquire Raven Industries Inc Com (RAVN).

• Unifrax & Clearlake Capital Group to acquire Lydall Inc Com (LDL).

• Constant Contact & Clearlake Capital Group & Siris Capital to acquire Sharpspring Inc Com (SHSP).

• Management to acquire 51Job Inc Adr (JOBS).

• Gold Royalty Corp Com (GROY) to acquire Ely Gold Royalties Inc Com (ELYGF).

• Nicolet Bankshares Inc Com (NCBS) to acquire County Bancorp Com (ICBK).

• Farmers National Bancorp Com (FMNB) to acquire Cortland Bancorp Com (CLDB).

• Columbia Banking Systems Inc Com (COLB) to acquire Bank Of Commerce Holdings Inc Com (BOCH).

Closed Deals:

• Ncr Corp Com (NCR) completes acquisition of Cardtronics Plc Csh Mrg $39.00/Sh 6/22/21 (CATM).

• Verra Mobility Corp Com (VRRM) completes acquisition of Redflex Holdings Csh Mrg @$.96/Sh Aud 6/22/21 (RFLXF).

• Canopy Growth Corporation Com (CGC) completes acquisition of Supreme Cannabis Co Inc Mrg $0.0001 Cad & 0.01165872:1 (SPRWF).

Merger Arbitrage Spreads June 28, 2021

The latest stock merger arbitrage spreads:

Sunday, June 20, 2021

The Risk Arbitrage Report for June 21, 2021

New Deals:

• Sitel Group to acquire Sykes Enterprises Inc Com (SYKE).

• Mitsubishi HC Capital Inc to acquire Cai International Inc Com (CAI).

• Elanco Animal Health Inc Com (ELAN) to acquire Kindred Biosciences Inc Com (KIN).

• Lake Michigan Credit Union to acquire Pilot Bancshares Inc Com (PLBN).

• Rhodium BA Holdings LLC to acquire Sunnyside Bancorp Inc Com (SNNY).

Closed Deals:

• Graham Holdings Co Com Cl B (GHC) completes acquisition of Leaf Group Ltd Csh Mrg @ $8.50/Sh 6/14/21 (LEAF).

• Just Eat Takeaway.Com N.V 1:1 Exc 5/4/21 48214T206 (TKAYY) completes acquisition of Grubhub Inc 3.355:1 Exc 6/15/21 48214T305 (GRUB).

• OmniCable completes acquisition of Houston Wire & Cable Co Csh Mrg $5.30/Sh 6/16/21 (HWCC).

• Reshape Lifesciences Inc Com (RSLS) completes acquisition of Obalon Therapeutics Inc 1:3 R/S 6/16/21 76090R101 (OBLN).

• Blackstone Real Estate Partners & Starwood Capital Group completes acquisition of Extended Stay America Inc Csh Mrg $18.75/Sh 6/17/21 (STAY).


Merger Arbitrage Spreads June 21, 2021

The latest stock merger arbitrage spreads:

Sunday, June 13, 2021

The Risk Arbitrage Report for June 14, 2021

New Deals:

• Blackstone Group Inc Com (BX) to acquire Qts Realty Trust Inc Com Usd0.01 Cl A (QTS).

• Vulcan Materials Co Com (VMC) to acquire Us Concrete Inc Com (USCR).

• Lancer Capital, LLC to acquire Iconix Brand Group Inc Com (ICON).

Closed Deals:

• Goodyear Tire & Rubber Co Com (GT) completes acquisition of Cooper Tire & Rubber Co Mgr $41.75/Sh & .9070 6/8/21 (CTB).

• Blackrock Inc Com (BLK) completes acquisition of Gaslog Ltd Csh Mrg $5.8/Sh 6/9/21 (GLOG).

• Huntington Bancshares Inc Com (HBAN) completes acquisition of Tcf Financial Corporation 3.0028:1 Exc 6/10/21 446150104 (TCF).

• Essity completes acquisition of Asaleo Care Limited Csh Mrg $1.40/Sh Aud 6/11/21 (ASLEF).

• Portman Ridge Finance Corp Com (PTMN) completes acquisition of Harvest Cap Credit Corp Com (HCAP).

Merger Arbitrage Spreads June 14, 2021

The latest stock merger arbitrage spreads:

Sunday, June 6, 2021

The Risk Arbitrage Report for June 7, 2021

New Deals:

• Clayton, Dubilier & Rice and KKR to acquire Cloudera Inc Com (CLDR).

• Morphosys Adr Sponsored (MOR) to acquire Constellation Pharmas Inc Com (CNST).

• Pembina Pipeline Corporation Com (PBA) to acquire Inter Pipeline Ltd Com (IPPLF).

• Old National Bancorp (Indiana) Com (ONB) to acquire First Midwest Bancorp Inc Com (FMBI).

• First Bancorp Nc Com (FBNC) to acquire Select Bancorp Inc Com (SLCT).

• United Bankshares Inc Com (UBSI) to acquire Community Bkrs Tr Com (ESXB).

• First Foundation Inc Com (FFWM) to acquire Tgr Finl Inc Com (TGRF).

Closed Deals:

• Stone Point Capital & Insight Partners completes acquisition of Corelogic Inc Csh Mrg $80.00/Sh 6/4/21 (CLGX).

• The Blackstone Group (NYSE:BX) & Global Infrastructure Partners & Cascade Investment completes acquisition of Signature Aviation Plc Csh Mgr @ $5.62/Sh 6/1/21 (BBAVF).

• Progressive Corp (Ohio) Com (PGR) completes acquisition of Protective Insurance Corp Csh Mrg $23.30/Sh 6/2/21 (PTVCA).

• Steris Plc Com (STE) completes acquisition of Cantel Medical Corp Mrg  $16.93/Sh 6/2/21 (CMD).

• Stock Yards Bancorp Inc Com (SYBT) completes acquisition of Kentucky Bancshares Inc Cash Merger @ $4.75/Sh 6/1/21 (KTYB).

• Digital Colony Management, LLC completes acquisition of Boingo Wireless Inc Csh Mrg $14.00/Sh 6/3/21 (WIFI).

• Hexo Corp Com (HEXO) completes acquisition of Zenabis Global Inc 0.01772:1 Exc 6/3/21 428304307 (ZBISF).

• Intact Financial Corporation (TSX: IFC) & Tryg A/S (CPH: TRYG) completes acquisition of Rsa Insurance Group Plc Adr Termination 6/7/21 (RSNAY).

Merger Arbitrage Spreads June 7, 2021

The latest stock merger arbitrage spreads:

Sunday, May 30, 2021

The Risk Arbitrage Report for May 31, 2021

New Deals:

• Cabot Oil & Gas Corp Com (COG) to acquire Cimarex Energy Co Com (XEC).

• Fundamental Advisors LP to acquire Mma Capital Holdings Inc Com (MMAC).

• Xeris Pharmaceuticals Inc Com (XERS) to acquire Strongbridge Biopharma Plc Com (SBBP).

• United Community Banks Inc Com (UCBI) to acquire Aquesta Financial Holding Com (AQFH).

• Bowlero Corp to acquire Bowl America Inc Com Cl A (BWL/A).

Closed Deals:

• Veritas Capital & Elliott Investment Management completes acquisition of Cubic Corp Csh Mrg $75.00/Sh 5/25/21 (CUB).

• Alden Global Capital completes acquisition of Tribune Publishing Company New Csh Mrg $17.25/Sh 5/25/21 (TPCO).

• United Rentals Inc Com (URI) completes acquisition of General Finance Corporation Csh Mrg $19/Sh 5/26/21 (GFN).

• Farm Bureau Property & Casualty Insurance Company completes acquisition of Fbl Financial Group Inc Csh Mrg $61.00/Sh 5/26/21 (FFG).

• Dollar Mutual Bancorp completes acquisition of Standard Avb Financial Corp Redemption @ $33.00/Sh 6/1/21 (STND).

Merger Arbitrage Spreads May 31, 2021

The latest stock merger arbitrage spreads:

Sunday, May 23, 2021

The Risk Arbitrage Report for May 24, 2021

New Deals:

• Performance Food Group Co Com (PFGC) to acquire Core-Mark Hldg Co Inc Com (CORE).

• Glacier Bancorp Com (GBCI) to acquire Altabancorp Com (ALTA).

• Kansas City Southern Com (KSU) agrees to be acquired by Canadian National Railways Co Com (CNI) and terminates deal with Canadian Pacific Railway Co Com  (CP).

Busted Deals:

• Management terminates agreement with China Xd Plastics Com (CXDC).

Closed Deals:

• New Mountain Capital completes acquisition of Aegion Corporation Csh Mrg $30.00/Sh 5/18/21 (AEGN).

• Evolution Mining Ltd Com (CAHPF) completes acquisition of Battle North Gold Corp Com (BNAUF).

• Newmont Corporation Com (NEM) completes acquisition of Gt Gold Corp Com (GTGDF).


Merger Arbitrage Spreads May 24, 2021

The latest stock merger arbitrage spreads:

Sunday, May 16, 2021

The Risk Arbitrage Report for May 17, 2021

New Deals:

• Abbvie Inc Com (ABBV) to acquire Soliton Inc Com (SOLY).

• Bonanza Creek Energy Inc Com (BCEI) to acquire Extraction Oil & Gas Inc Com (XOG).

• Paper Excellence to acquire Domtar Corporation Com (UFS).

• Mks Instruments Inc Com (MKSI) to acquire Photon Control Inc Com (POCEF).

• Trulieve Cannabis Corp Com (TCNNF) to acquire Harvest Health And Recreation Com (HRVSF).

Closed Deals:

• Chevron Corporation Com (CVX) completes acquisition of Noble Midstream Partners Lp 0.1393:1 Exc 5/12/21 166764100 (NBLX).

• American Lithium Corp Com (LIACF) completes acquisition of Plateau Energy Metals Inc Com (PLUUF).

• Teledyne Technologies Inc Com (TDY) completes acquisition of Flir Systems Inc Mrg $28.00/Sh 0.0718:1 5/17/21 (FLIR).

• I Squared Capital completes acquisition of Atlantic Power Corp Csh Mrg $3.03/Sh 5/17/21 (AT).

Merger Arbitrage Spreads May 17, 2021

The latest stock merger arbitrage spreads:

Sunday, May 9, 2021

The Risk Arbitrage Report for May 10, 2021

New Deals:

• Hellman & Friedman to acquire At Home Group Inc Com (HOME).

• Farmers & Merchants Bank (Oh) Com (FMAO) to acquire Perpetual Federal Savings Bank Com (PFOH).

• Amryt Pharma Plc (New) Adr Sponsored (AMYT) to acquire Chiasma Inc Com (CHMA).

• Sundial Growers Inc Com (SNDL) to acquire Inner Spirit Holdings Ltd Com (INSHF).

• Equity Commonwealth Usd0.01( Bnf Int) (EQC) to acquire Monmouth Real Estate Invt Corp Com Cl'A' Usd0.01 (MNR).

Closed Deals:

• Veritas Capital completes acquisition of Perspecta Inc Csh Mrg $29.35/Sh 5/7/21 (PRSP).

• Jazz Pharmaceuticals Plc Com (JAZZ) completes acquisition of Gw Pharmaceuticals Mrg $199.90 & .12036:1 5/6/21 (GWPH).


Merger Arbitrage Spreads May 10, 2021

The latest stock merger arbitrage spreads:

Sunday, May 2, 2021

The Risk Arbitrage Report for May 3, 2021

New Deals:

• Standard Industries Holdings to acquire Grace (Wr) & Co Com (GRA).

• Thoma Bravo to acquire Proofpoint Inc Com (PFPT).

• Realty Income Corp Com Usd1 (O) to acquire Vereit Inc Com Usd0.01(Post Rev Split) (VER).

• New York Community Bancorp Inc Com (NYCB) to acquire Flagstar Bancorp Com (FBC).

• Southern Calif Bancorp Com (BCAL) to acquire Bank Of Santa Clarita Com (BSCA).

• Enterprise Fin Services Corp Com (EFSC) to acquire First Choice Bancorp Com (FCBP).

• Rmr Mortgage Trust Com (RMRM) to acquire Tremont Mortgage Trust Com Usd0.01 (TRMT).

• Fortuna Silver Mines Inc Com (FSM) to acquire Roxgold Inc Com (ROGFF).

• Kidedu Holdings Limited to acquire Tarena Intl Inc Adr (TEDU).

Closed Deals:

• Electronic Arts Inc Com (EA) completes acquisition of Glu Mobile Inc Csh Mrg $12.50/ 4/30/21 (GLUU).

• Viasat Inc Com (VSAT) completes acquisition of Rignet Inc 0.1845:1 Exc 5/3/21 92552V100 (RNET).

• Macquarie Group Limited Adr Sponsored (MQBKY) completes acquisition of Waddell & Reed Financial Inc Csh Mrg $25/Sh 5/3/21 (WDR).

• Bancorpsouth Bank Com (BXS) completes acquisition of Fns Bancshares Inc Com (FNSB).

• Tilray Inc Com (TLRY) completes acquisition of Aphria Inc Com (APHA).


Merger Arbitrage Spreads May 3, 2021

The latest stock merger arbitrage spreads:

Sunday, April 25, 2021

The Risk Arbitrage Report for Apr 26, 2021

New Deals:

• Middleby Corp Com (MIDD) to acquire Welbilt Inc Com (WBT).

• Herman Miller Inc Com (MLHR) to acquire Knoll Inc Com (KNL).

• HPS Investment Partners LLC to acquire Marlin Business Services Corp Com (MRLN).

• Bank Of Marin Bancorp Com (BMRC) to acquire American River Bankshares Com (AMRB).

• Independent Bank Corp (Mass) Com (INDB) to acquire Meridian Bancorp Inc Com (EBSB).

• Colony Bankcorp Inc Com (CBAN) to acquire Southcrest Financial Group Inc Com (SCSG).

• Webster Financial Corp Com (WBS) to acquire Sterling Bancorp D Com (STL).

• Orocobre Ltd Com (OROCF) to acquire Galaxy Resources Com (GALXF).

• Stratabound Minerals Corp Com (SBMIF) to acquire California Gold Mining Inc Com (CFGMF).

Closed Deals:

• Marvell Tech Group 1:1 Exc 4/21/21 573874104 (MRVL) completes acquisition of Inphi Corporation Mrg 66.00/Sh & 2.321:1 4/21/21 (IPHI).

• Caesars Entertainment Inc New Com (CZR) completes acquisition of William Hill Csh Mrg $2.72/Sh Cad 4/22/21 (WIMHF).

• Management completes acquisition of China Biologic Products Hldgs Csh Mrg $120.00/Sh 4/21/21 (CBPO).

• Tyler Technologies Inc Com (TYL) completes acquisition of Nic Inc Csh Mrg $34.00/Sh 4/22/21 (EGOV).

• Thoma Bravo completes acquisition of Realpage Inc Csh Mgr @ $88.75/Sh 4/23/21 (RP).

• Roche Holdings Ag Com (RHHBF) completes acquisition of Genmark Diagnostics Inc Csh Mgr @ $24.05/Sh 4/23/21 (GNMK).

• Well Health Technologies Corp Com (WLYYF) completes acquisition of Crh Medical Corp Csh Mgr @ $4.00/Sh 4/23/21 (CRHM).


Merger Arbitrage Spreads Apr 26, 2021

The latest stock merger arbitrage spreads:

Sunday, April 18, 2021

The Risk Arbitrage Report for Apr 19, 2021

New Deals:

• Microsoft Corp Com (MSFT) to acquire Nuance Communications Inc Com (NUAN).

• Thermo Fisher Scientific Inc Com (TMO) to acquire Ppd Inc Com (PPD).

• United Rentals Inc Com (URI) to acquire General Finance Corporation Com (GFN).

• Kimco Realty Corp Com Usd0.01 (KIM) to acquire Weingarten Realty Investors Sbi Usd0.03 (WRI).

• Nicolet Bankshares Inc Com (NCBS) to acquire Mackinac Financial Corp Com (MFNC).

• Bancorpsouth Bank Com (BXS) to acquire Cadence Bancorporation Com Cl A (CADE).

• Ballys Corporation Com (BALY) to acquire Gamesys Group Plc Com (JKPTF).

Closed Deals:

• Siemens Healthineers Ag Com (SEMHF) completes acquisition of Varian Medical Systems Inc Csh Mrg @$177.5/Sh 4/15/21 (VAR).

• Apollo Global Management Inc Com Cl A (APO) completes acquisition of Michaels Co Inc Csh Mrg $22.00/Sh 4/16/21 (MIK).

• New Fortress Energy Inc Com Cl A (NFE) completes acquisition of Golar Lng Partners Lp Csh Mrg $3.55/Sh 4/16/21 (GMLP).

• Cresco Labs Inc Com (CRLBF) completes acquisition of Bluma Wellness Inc Com (BMWLF).

• American Industrial Partners completes acquisition of Seacor Holdings Inc Com (CKH).

• Amgen Inc Com (AMGN) completes acquisition of Five Prime Therapeutics Com (FPRX).

• Drax Group Plc Adr Unsponsored (DRXGY) completes acquisition of Pinnacle Renewable Energy Inc. (PINWF).

• Equinox Gold Corp Com (EQX) completes acquisition of Premier Gold Mines Limited .1967:1 Exc 4/13/21 29446Y502 (PIRGF).

• Schweitzer-Mauduit Intl Inc Com (SWM) completes acquisition of Scapa Group Csh Mrg $2.15/Sh Gbp 4/15/21 (SXGAF).


Merger Arbitrage Spreads Apr 19, 2021

The latest stock merger arbitrage spreads:

Sunday, April 11, 2021

The Risk Arbitrage Report for Apr 12, 2021

New Deals:

• Diasorin Spa Com (DSRLF) to acquire Luminex Corp (Del) Com (LMNX).

• Graham Holdings Co Com Cl B (GHC) to acquire Leaf Group Ltd Com (LEAF).

• GI Partners to acquire Orbcomm Inc Com (ORBC).

• Eversource Energy Com (ES) to acquire New England Service Co Com (NESW).

• Eastern Bankshares Inc Com (EBC) to acquire Century Bancorp Inc Com Cl A (CNBKA).

• Canopy Growth Corporation Com (CGC) to acquire Supreme Cannabis Co Inc Com (SPRWF).

Busted Deals:

• Genworth Financial Inc (GNW) terminates agreement with China Oceanwide Holdings Group.

Closed Deals:

• Amphenol Corp Com Cl A (APH) completes acquisition of Mts Systems Corp Csh Mrg $58.50/Sh 4/8/21 (MTSC).

• H.I.G. Capital completes acquisition of Smtc Corporation Csh Mrg $6.044/Sh 4/6/21 (SMTX).

• Arc Resources Ltd Com (AETUF) completes acquisition of Seven Generations Energy Ltd Com (SVRGF).

• Galaxy Universal completes acquisition of Apex Global Brands Inc Csh Mrg @$2/Sh 4/5/21 (APEX).

• Vista Equity Partners completes acquisition of Pluralsight Inc Csh Mrg $22.50/Sh 4/7/21 (PS).

• Eldorado Gold Corp Com (EGO) completes acquisition of Qmx Gold Corp Com (QMXGF).


Merger Arbitrage Spreads Apr 12, 2021

The latest stock merger arbitrage spreads:

Sunday, April 4, 2021

The Risk Arbitrage Report for Apr 5, 2021

New Deals:

• Carlyle Aviation Partners to acquire Fly Leasing Ltd Adr (FLY).

• Peoples Bancorp Inc Com (PEBO) to acquire Premier Financial Bancorp Inc Com (PFBI).

• VyStar Credit Union to acquire Heritage Southeast Bancorp Inc Com (HSBI).

• International Seaways Inc Com (INSW) to acquire Diamond S Shipping Inc Com (DSSI).

• Greenlane Holdings Inc Com Cl A (GNLN) to acquire Kushco Holdings Inc Com (KSHB).

• Brookfield Asset Mgmt Inc Com Cl A (BAM) to acquire Brookfield Prop Partners Lp Unit Ltd Partnership (BPY).

Busted Deals:

• Air Canada Com (ACDVF) terminates agreement with Transat At Inc Com (TRZBF).

Closed Deals:

• Oak Hill Capital completes acquisition of Otelco Inc Csh Mrg $11.75/Sh 4/1/21 (OTEL).

• Navios Maritime Partners Lp Com Uts Rep Ltd Ptr Int(P/S (NMM) completes acquisition of Navios Maritime Containers L P 0.39:1 Exc 4/1/21 Y62267409 (NMCI).

• Sumitovant Biopharma completes acquisition of Urovant Sciences Ltd Liq $16.25/Sh 3/30/21 (UROV).

• Brookfield Bus Partners L P Unit Ltd Partnership (BBU) completes acquisition of Sagen Mi Canada Inc Com (GMICF).

• Virginia National Bankshares C Com (VABK) completes acquisition of Fauquier Bankshares Inc 0.675:1 Exc 4/1/21 928031103 (FBSS).

• Centre Lane Partners completes acquisition of Synacor Inc Com (SYNC).

• Merck & Co Inc Com (MRK) completes acquisition of Pandion Therapeutics Inc Com (PAND).

• Veritas Capital completes acquisition of Hms Holdings Corp Com (HMSY).

• Bonanza Creek Energy Inc Com (BCEI) completes acquisition of Highpoint Resources Corp Com (HPR).

Merger Arbitrage Spreads Apr 5, 2021

The latest stock merger arbitrage spreads:

Sunday, March 28, 2021

The Risk Arbitrage Report for Mar 29, 2021

New Deals:

• Madison Square Garden Entertai Com Cl A (MSGE) to acquire Msg Network Inc Com Cl A (MSGN).

• Wise Road Capital LTD to acquire Magnachip Semiconductor Corp Com (MX).

• Coherent Inc Com (COHR) agrees to be acquired by Ii-Vi Inc Com (IIVI) and terminates deal with Lumentum Hldgs Inc Com (LITE).

• OmniCable to acquire Houston Wire & Cable Co Com (HWCC).

• Banc Of California Inc Com (BANC) to acquire Pacific Mercantile Bancorp Com (PMBC).

Closed Deals:

• Community First Banking Co Ga Com (CFOK) completes acquisition of Sfb Bancorp Inc Csh Mrg @$33.00/Sh 3/22/21 (SFBK).

• Management completes acquisition of Sina Corporation (Cay) Csh Mrg $43.30/Sh 3/23/21 (SINA).

• Management completes acquisition of Gridsum Holding Inc Csh Mrg $2.00/Sh Gross 3/26/21 (GSUM).

• Caixabank Sa Adr Unsponsored (CAIXY) completes acquisition of Bankia S.A. Com (BNKXF).


Merger Arbitrage Spreads Mar 29, 2021

The latest stock merger arbitrage spreads:

Sunday, March 21, 2021

The Risk Arbitrage Report for Mar 22, 2021

 New Deals:

• Canadian Pacific Railway Co Com (CP) to acquire Kansas City Southern Com (KSU).

• Rogers Communications Inc Com Cl B (RCI) to acquire Shaw Communications Inc Com Cl B (SJR).

• Blackstone Real Estate Partners & Starwood Capital Group to acquire Extended Stay America Inc Units (STAY).

• Evolution Mining Ltd Com (CAHPF) to acquire Battle North Gold Corp Com (BNAUF).

• Roche Holdings Ag Com (RHHBF) to acquire Genmark Diagnostics Inc Com (GNMK).

Closed Deals:

• Diamondback Energy Inc Com (FANG) completes acquisition of Qep Resources Inc 0.05:1 Exc 3/17/21 25278X109 (QEP).

• Horizon Therapeutics Plc Com (HZNP) completes acquisition of Viela Bio Inc Csh Mrg $53/Sh 3/16/21 (VIE).

• Sonesta International Hotels Corp completes acquisition of Red Lion Hotels Corporation Csh Mrg $3.50/Sh 3/18/21 (RLH).

• Management completes acquisition of China Distance Ed Csh Mrg $9.75/Sh 3/19/21 (DL).

• Ready Capital Corporation Com Usd0.0001 (RC) completes acquisition of Anworth Mortgage Asset Corp Mrg .61/Sh & 0.1688:1 3/22/21 (ANH).

• Aytu Bioscience Inc Com (AYTU) completes acquisition of Neos Therapeutics Inc 0.1088:1 Exc 3/22/21 054754874 (NEOS).

• Oaktree Specialty Lending Corp Com (OCSL) completes acquisition of Oaktree Strategic Income Corp 1.3371:1 Exc 3/22/21 67401P108 (OCSI).


Merger Arbitrage Spreads Mar 22, 2021

The latest stock merger arbitrage spreads:

Sunday, March 14, 2021

The Risk Arbitrage Report for Mar 14, 2021

New Deals:

• Thoma Bravo to acquire Talend Sa Adr Sponsored (TLND).

• Apollo Global Management Inc Com Cl A (APO) to acquire Athene Holding Ltd Com Cl A (ATH).

• Digital Colony Management, LLC to acquire Boingo Wireless Inc Com (WIFI).

• Wsfs Financial Corp Com (WSFS) to acquire Bryn Mawr Bank Corp Com (BMTC).

• Secure Energy Services Inc Com (SECYF) to acquire Tervita Corporation Com (TRVCF).

• Newmont Corporation Com (NEM) to acquire Gt Gold Corp Com (GTGDF).

• Management to acquire China Customer Relations Cente Com (CCRC).

Closed Deals:

  • Perkinelmer Inc Com (PKI) completes acquisition of Oxford Immunotec Global Plc Csh Mrg  $22.00/Sh 3/9/21 (OXFD).

Merger Arbitrage Spreads Mar 14, 2021

The latest stock merger arbitrage spreads:

Sunday, March 7, 2021

The Risk Arbitrage Report for Mar 8, 2021

New Deals:

• Apollo Global Management Inc Com Cl A (APO) to acquire Michaels Co Inc Com (MIK).

• Chevron Corporation Com (CVX) to acquire Noble Midstream Partners Lp Com Unit Repstg Ltd Partner (NBLX).

• Amgen Inc Com (AMGN) to acquire Five Prime Therapeutics Com (FPRX).

• Shore Bancshares Inc Com (SHBI) to acquire Severn Bancorp Inc Com (SVBI).

Closed Deals:

• Cisco Systems Inc Com (CSCO) completes acquisition of Acacia Communications Inc Csh Mrg  $115.00/Sh 3/2/21 (ACIA).

• Alianza, Inc. completes acquisition of Counterpath Corporation Csh Mgr @ $3.49/Sh 3/1/21 (CPAH).

• Morgan Stanley Com (MS) completes acquisition of Eaton Vance Corp Mgr $28.25/Sh & .5833:1 3/1/21 (EV).

• Whitecap Resources Inc Com (SPGYF) completes acquisition of Torc Oil & Gas Ltd 0.57:1 Exc 3/1/21 96467A200 (VREYF).

• Ardian completes acquisition of Prgx Global Inc Csh Mrg $7.71/Sh 3/4/21 (PRGX).

• Tc Energy Corporation Com (TRP) completes acquisition of Tc Pipelines .7:1 Exc 3/3/21 87807B107 (TCP).

• Peoples Bank Of Commerce Com (PBCO) completes acquisition of Willamette Community Bank Com (WMCB).


Merger Arbitrage Spreads Mar 8, 2021

The latest stock merger arbitrage spreads:

Sunday, February 28, 2021

The Risk Arbitrage Report for Mar 1, 2021

New Deals:

• Icon Plc Com (ICLR) to acquire Pra Health Sciences Inc Com (PRAH).

• Quikrete Holdings to acquire Forterra Inc Com (FRTA).

• Goodyear Tire & Rubber Co Com (GT) to acquire Cooper Tire & Rubber Co Com (CTB).

• Merck & Co Inc Com (MRK) to acquire Pandion Therapeutics Inc Com (PAND).

• Blackrock Inc Com (BLK) to acquire Gaslog Ltd Com (GLOG).

• M & T Bank Corp Com (MTB) to acquire People'S United Financial Inc Com (PBCT).

• Fidelity D&D Bancorp Com (FDBC) to acquire Landmark Bancorp Inc Com (LDKB).

Closed Deals:

• Third Point Reinsurance Ltd Com (TPRE) completes acquisition of Sirius Intl Insurance Grp Ltd Com (SG).

• Evercel Inc Com (EVRC) completes acquisition of Zagg Inc Csh Mrg  $4.20/Sh & 1 Cvr (ZAGG).

• B Riley Financial Inc Com (RILY) completes acquisition of National Holdings Corp Csh Mrg $3.25/Sh 2/26/21 (NHLD).

• Ayr Wellness Inc Com (AYRWF) completes acquisition of Liberty Health Sciences Inc Com (LHSIF).


Merger Arbitrage Spreads Mar 1, 2021

The latest stock merger arbitrage spreads:

Sunday, February 21, 2021

The Risk Arbitrage Report for Feb 22, 2021

New Deals:

• Progressive Corp (Ohio) Com (PGR) to acquire Protective Insurance Corp Com Cl B (PTVCB).

• New Mountain Capital to acquire Aegion Corporation Com (AEGN).

• Galaxy Universal to acquire Apex Global Brands Inc Com (APEX).

• Energy Transfer Lp Com Units Rep Ltd Ptn Int (ET) to acquire Enable Midstream Partners Lp Com Usd0.0001 Cl'A' (ENBL).

• Alden Global Capital to acquire Tribune Publishing Company New Com (TPCO).

• Essity to acquire Asaleo Care Limited Com (ASLEF).

• Hexo Corp Com (HEXO) to acquire Zenabis Global Inc Com (ZBISF).

• First National Corp (Va) Com (FXNC) to acquire Bank Fincastle Va Com (BFTL).

• Camber Energy Inc Com (CEI) to acquire Viking Energy Group Inc Com (VKIND).

Busted Deals:

• Cerberus Capital terminates agreement with Dorel Industries Com Cl B (DIIBF).

Closed Deals:

• Management completes acquisition of Telenav Inc Csh Mrg $4.80/Sh 2/18/21 (TNAV).

• Northern Vertex Mng Corp Com (NHVCF) completes acquisition of Eclipse Gold Mining Corp 1.09:1 Exc 2/18/21 666006101 (EGLPF).

• Goldman Sachs Merchant Banking Division completes acquisition of People Corporation Csh Mrg $15.22/Sh Cad 2/19/21 (PPLXF).

• Management completes acquisition of Cellular Biomedicine Group Inc Com (CBMG).


Merger Arbitrage Spreads Feb 22, 2021

The latest stock merger arbitrage spreads:

Sunday, February 14, 2021

The Risk Arbitrage Report for Feb 15, 2021

New Deals:
• Electronic Arts Inc Com (EA) to acquire Glu Mobile Inc Com (GLUU).
• Tyler Technologies Inc Com (TYL) to acquire Nic Inc Com (EGOV).
• Veritas Capital & Elliott Investment Management to acquire Cubic Corp Com (CUB).
• Well Health Technologies Corp Com (WLYYF) to acquire Crh Medical Corp Com (CRHM).
• Centre Lane Partners to acquire Synacor Inc Com (SYNC).
• Drax Group Plc Adr Unsponsored (DRXGY) to acquire Pinnacle Renewable Energy Inc. (PINWF).
• Renesas Electronics Corp Com (RNECF) to acquire Dialog Semiconductor Com (DLGNF).
• American Lithium Corp Com (LIACF) to acquire Plateau Energy Metals Inc Com (PLUUF).
Closed Deals:
• Baring Private Equity Asia completes acquisition of Virtusa Corp Csh Mrg $51.35/Sh 2/12/21 (VRTU).
• Nat Turner, D1 Capital Partners L.P., & Cohen Private Ventures, LLC completes acquisition of Collectors Universe Inc Csh Mrg @$92.00/Sh 2/9/21 (CLCT).
• Koninklijke Philips Nv Adr Sponsored (PHG) completes acquisition of Biotelemetry Inc Csh Mrg $72/Sh 2/10/21 (BEAT).
• Clearlake Capital Group L.P. completes acquisition of Endurance Intl Group Hldgs Inc Csh Mrg $9.50/Sh 2/11/21 (EIGI).
• Endeavour Mining Corporation Com (EDVMF) completes acquisition of Teranga Gold Corporation Com (TGCDF).

Merger Arbitrage Spreads Feb 15, 2021

The latest stock merger arbitrage spreads:

Sunday, February 7, 2021

The Risk Arbitrage Report for Feb 8, 2021


New Deals:
• Stone Point Capital & Insight Partners to acquire Corelogic Inc Com (CLGX).
• Jazz Pharmaceuticals Plc Com (JAZZ) to acquire Gw Pharmaceuticals Adr Sponsored (GWPH).
• Horizon Therapeutics Plc Com (HZNP) to acquire Viela Bio Inc Com (VIE).
• The Blackstone Group (NYSE:BX) & Global Infrastructure Partners & Cascade Investment to acquire Signature Aviation Plc Com (BBAVF).
• Benext Group Inc (2154:JP) to acquire Yumeshin Holdings Co Ltd (2362:JP).
• Management to acquire Ruhnn Holding Limited Adr (RUHN).
Closed Deals:
• McKean Defense Group, Inc. completes acquisition of Mikros Systems Corp Csh Mrg $0.13/Sh 2/2/21 (MKRS).
• Blue Ridge Bankshares Inc (Va) Com (BRBS) completes acquisition of Bay Banks Virginia Inc .50:1 Exc 2/1/21 095825105 (BAYK).
• Agnico Eagle Mines Ltd Com (AEM) completes acquisition of Tmac Resources Inc Csh Mrg $2.20/Sh Cad 2/4/21 (TMMFF).
To Read:
• FTC, DOJ Temporarily Suspend Discretionary Practice of Early Termination. Press Release

Merger Arbitrage Spreads Feb 8, 2021

The latest stock merger arbitrage spreads:

Sunday, January 31, 2021

The Risk Arbitrage Report for Feb 1, 2021

New Deals:

• Cardtronics Plc Com Cl A (CATM) agrees to be acquired by Ncr Corp Com (NCR) and terminates deal with Apollo Global Management Inc Com Cl A  (APO).

• Veritas Capital to acquire Perspecta Inc Com (PRSP).

• PUMA to acquire Protect Pharmas Corp Com (PRTT).

• Schweitzer-Mauduit Intl Inc Com (SWM) to acquire Scapa Group Com (SXGAF).

• Nordic Capital to acquire Advanz Pharma Corp Ltd (Jy) Com (CXRXF).

• Stock Yards Bancorp Inc Com (SYBT) to acquire Kentucky Bancshares Inc Com (KTYB).

• Cbb Bancorp Inc Com (CBBI) to acquire Ohana Pacific Bank Com (Physical Only) (OHPB).

Closed Deals:

• Bridgebio Pharma Inc Com (BBIO) completes acquisition of Eidos Therapeutics Inc 1.85:1 Exc 1/27/21 10806X102 (EIDX).

• West Fraser Timber Co Com (WFTBF) completes acquisition of Norbord Inc 0.675:1 Exc 2/1/21 952845105 (OSB).

• American Securities LLC completes acquisition of Foundation Building Materials Csh Mrg $19.25/Sh 1/29/21 (FBM).

• Management completes acquisition of Acorn International Inc Csh Mrg $21.00/Sh 2/1/21 (ATV).

• Premium Brands (PRBZF) & FNC Holdings completes acquisition of Clearwater Seafoods Inc Csh Mrg  $8.25/Sh Cad 1/27/21 (CSEAF).

• Yamana Gold Inc Com (AUY) completes acquisition of Monarch Gold Corp Mrg .2:1 & $.19/Sh Cad 1/26/21 (MRQRF).

• Bridge Bancorp Inc Com (BDGE) completes acquisition of Dime Community Bancshares Inc 0.648:1 Exc 2/1/21 108035106 (DCOM).


Merger Arbitrage Spreads Feb 1, 2021

The latest stock merger arbitrage spreads:

Sunday, January 24, 2021

The Risk Arbitrage Report for Jan 25, 2021

New Deals:

  • Lumentum Hldgs Inc Com (LITE) to acquire Coherent Inc Com (COHR).
  • Reshape Lifesciences Inc Com (RSLS) to acquire Obalon Therapeutics Inc Com (OBLN).
  • Eldorado Gold Corp Com (EGO) to acquire Qmx Gold Corp Com (QMXGF).
  • Verra Mobility Corp Com (VRRM) to acquire Redflex Holdings Com (RFLXF).

Closed Deals:

  • Contango Oil & Gas Co Com (MCF) completes acquisition of Mid-Con Energy Partners Lp 1.75:1 Exc 1/22/21 21075N204 (MCEP).
  • Spx Flow Inc Com (FLOW) completes acquisition of Plc Uutechnic Group Oyj [in Euro] (UUTEC:FH).
  • Nautic Partners, LLC completes acquisition of American Renal Holdings Inc Csh Mrg $11.50/Sh 1/25/21 (ARA).
  • Eli Lilly And Company Com (LLY) completes acquisition of Prevail Therapeutics Inc Mrg $22.50/Sh & 1 Cvr 1/25/21 (PRVL

Merger Arbitrage Spreads Jan 25, 2021

The latest stock merger arbitrage spreads:

Sunday, January 17, 2021

The Risk Arbitrage Report for Jan 18, 2021


New Deals:

• B Riley Financial Inc Com (RILY) to acquire National Holdings Corp Com (NHLD).

• Farm Bureau Property & Casualty Insurance Company to acquire Fbl Financial Group Inc Com Cl A (FFG).

• Steris Plc Com (STE) to acquire Cantel Medical Corp Com (CMD).

• TowerBrook Capital Partners L.P. to acquire Prosight Global Inc Com (PROS).

• Argo Infrastructure Partners to acquire Corning Natural Gas Holding Co Com (CNIG).

• I Squared Capital to acquire Atlantic Power Corp Com (AT).

• New Fortress Energy Inc Com Cl A (NFE) to acquire Golar Lng Partners Lp Com Unit Repstg Ltd Partner (GMLP).

• Bancorpsouth Bank Com (BXS) to acquire Fns Bancshares Inc Com (FNSB).

• Cresco Labs Inc Com (CRLBF) to acquire Bluma Wellness Inc Com (BMWLF).

Closed Deals:

• Peugeot Sa 1.742:1 Exc 1/19/21 N82405106 (PEUGF) completes acquisition of Fiat Chrysler Automobiles Nv 1:1 Exc 1/19/21 N82405106 (FCAU).

• Alphabet Inc Com Cl C (GOOG) completes acquisition of Fitbit Inc Csh Mrg @$7.35/Sh 1/14/21 (FIT).

• Conocophillips Com (COP) completes acquisition of Concho Resources Inc 1.46:1 Exc 1/19/21 20825C104 (CXO).

• Pretium & Ares Management completes acquisition of Front Yard Residential Corp Csh Mrg $16.25/Sh 1/12/21 (RESI).

• Pioneer Natural Resources Co Com (PXD) completes acquisition of Parsley Energy Inc 0.1252:1 Exc 1/13/21 723787107 (PE).


Merger Arbitrage Spreads Jan 18, 2021

The latest stock merger arbitrage spreads:

Sunday, January 10, 2021

The Risk Arbitrage Report for Jan 11, 2021


New Deals:
• Centene Corporation Com (CNC) to acquire Magellan Health Inc Com (MGLN).
• Teledyne Technologies Inc Com (TDY) to acquire Flir Systems Inc Com (FLIR).
• H.I.G. Capital to acquire Smtc Corporation Com (SMTX).
• Unitedhealth Group Inc Com (UNH) to acquire Change Healthcare Inc Com (CHNG).
• Perkinelmer Inc Com (PKI) to acquire Oxford Immunotec Global Plc Com (OXFD).
• Navios Maritime Partners Lp Com Uts Rep Ltd Ptr Int(P/S (NMM) to acquire Navios Maritime Containers L P Com (NMCI).
• Svb Financial Group Com (SIVB) to acquire Boston Private Holdings Inc Com (BPFH).
• Alaska Communications Sys Grp Com (ALSK) agrees to be acquired by Atn International Inc Com (ATNI) and terminates deal with Macquarie Capital & GCM Grosvenor.
• Agnico Eagle Mines Ltd Com (AEM) to acquire Tmac Resources Inc Com (TMMFF).
Busted Deals:
• Sphere 3D Corp New Com (ANY) terminates agreement with Rainmaker Worldwide Inc Com (RAKR).
Closed Deals:
• Lvmh Moet Hennessy Vuitton Se Com (LVMHF) completes acquisition of Tiffany & Co Csh Mrg $131.50/Sh 1/7/21 (TIF).
• Builders Firstsource Inc Com (BLDR) completes acquisition of Bmc Stock Holdings Inc 1.3125:1 Exc 1/5/21 12008R107 (BMCH).
• Allstate Corp Com (ALL) completes acquisition of National General Hldgs Co Csh Mrg 34.50/Sh 1/5/21 (NGHC).
• Devon Energy Corp Com (DVN) completes acquisition of Wpx Energy Inc .5165:1 Exc 1/7/21 25179M103 (WPX).
• Cenovus Energy Inc Com (CVE) completes acquisition of Husky Energy Inc .7854:1 Exc 1/6/21 15135U109 (HUSKF).

Merger Arbitrage Spreads Jan 11, 2021

The latest stock merger arbitrage spreads:

Sunday, January 3, 2021

The Risk Arbitrage Report for Jan 04, 2021

New Deals:

• Sonesta International Hotels Corp to acquire Red Lion Hotels Corporation Com (RLH).

Closed Deals:

  • Simon Property Group Inc Com Usd0.0001 (SPG) completes acquisition of Taubman Centers Inc Csh Mrg $43/Sh 12/29/20 (TCO).
  • Consol Energy Inc Com (CEIX) completes acquisition of Consol Coal Resources Lp 0.73:1 Exc 12/30/20 20854L108 (CCR).
  • First Reserve completes acquisition of Goldfield Corp Csh Mrg @$7/Sh 12/30/20 (GV).
  • Stem Holdings Inc Com (STMH) completes acquisition of Driven Deliveries Inc Com (DRVD).

Merger Arbitrage Spreads Jan 04, 2021

The latest stock merger arbitrage spreads: