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: