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: