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: