what is RISK arbitrage?

Risk arbitrage is an investment strategy involving cash or stock mergers. Until the acquisition is completed, the target stock typically trades below the purchase price. The buyer of the target stock makes a gain upon merger completion.

Friday 29 April 2016

CompanySymbolDate AnnouncedClosing ValueLast PriceLast VolumeClosing DateProfit Annualised Profit
Caesars Acquisition CompanyCACQ12/22/2014$4.78$7.82147,7603/31/2016-38.860
Alcatel-LucentALU4/15/2015$3.28$3.465,675,5073/31/2016-5.10
Williams Companies IncWMB9/28/2015$28.40$20.0016,189,7253/31/2016420
Fuel Systems Solutions IncFSYS9/1/2015$5.51$5.4712,3603/31/20160.810
The Phoenix Companies IncPNX9/29/2015$37.50$37.0022,5703/31/20161.350
SolarWinds IncSWI10/21/2015$60.10$31.0010,2003/31/201693.870
Breeze-Eastern CorpBZC11/19/2015$19.61$19.8048,0093/31/2016-0.960
CommunityOne BancorpCOB11/23/2015$13.27$13.4313,0663/31/2016-1.220
Anchor BanCorpABCW1/12/2016$47.40$47.4044,5474/29/201600
Newport CorpNEWP2/23/2016$23.00$23.01238,6404/29/2016-0.040
Baylake CorporationBYLK9/8/2015$32.16$16.8247,9084/29/201691.180
Jiayuan.com International LtdDATE12/7/2015$7.51$7.48195,0174/30/20160.4146.39
NTELOS Holdings CorpNTLS8/10/2015$9.25$9.25165,3654/30/201600
VBI Vaccines IncVBIV10/26/2015$2.29$2.3014,4044/30/2016-0.48-175.85
C1 Financial IncBNK11/9/2015$25.00$24.728,5474/30/20161.13413.43
Taomee Holdings LtdTAOM12/11/2015$3.72$3.7140,0864/30/20160.1968.87
Cape Bancorp IncCBNJ1/5/2016$14.20$14.2055,8005/2/20160.022.68
ADT CorporationADT2/16/2016$42.00$41.953,578,1025/2/20160.1214.5
HF Financial CorpHFFC11/30/2015$19.34$19.3527,8085/13/2016-0.06-1.68
Office Depot IncODP2/4/2015$9.58$6.0511,570,3185/16/201658.421254.38
Cablevision Systems CorporationCVC9/17/2015$34.90$33.452,489,9566/30/20164.3325.52
Alere IncALR2/1/2016$56.00$42.872,471,8346/30/201630.63180.31
Hawaiian Electric Industries IncHE12/3/2014$28.71$32.56278,6856/30/2016-11.84-69.69
eLong IncLONG2/4/2016$17.95$17.609,3356/30/20161.9911.71
Time Warner Cable IncTWC5/26/2015$211.66$209.192,725,8276/30/20161.186.95
iDreamSky Technology LtdDSKY12/31/2015$13.95$13.87131,0086/30/20160.583.4
Qihoo 360 Technology Co LtdQIHU12/18/2015$76.95$75.81761,4276/30/20161.58.85
SL Industries IncSLI4/7/2016$40.00$40.0011,4556/30/201600
Baxalta IncBXLT1/11/2016$44.90$40.804,140,4446/30/201610.0559.16
TECO Energy IncTE9/4/2015$27.55$27.762,369,5496/30/2016-0.76-4.45
SanDisk CorporationSNDK10/21/2015$78.50$75.872,223,1096/30/20163.4720.4
KLA-Tencor CorpKLAC10/21/2015$72.48$72.231,242,7106/30/20160.352.08
Northern Tier Energy LPNTI12/21/2015$23.68$23.67752,4576/30/20160.040.26
Hutchinson Technology IncorporatedHTCH11/2/2015$4.00$3.69210,4326/30/20168.449.46
Fidelity & Guaranty LifeFGL11/9/2015$26.80$26.35517,6826/30/20161.7110.05
Starwood Hotels & Resorts Worldwide IncHOT11/16/2015$75.94$81.106,127,6636/30/2016-6.36-37.43
Fairchild Semiconductor Intl IncFCS11/18/2015$20.00$20.001,072,9206/30/201600
Mattson Technology IncMTSN12/2/2015$3.80$3.6887,2086/30/20163.2619.2
Pulaski Financial CorpPULB12/3/2015$16.50$16.3536,3986/30/20160.895.23
Wilshire Bancorp IncWIBC12/7/2015$11.22$11.02285,4576/30/20161.8110.64
Monarch Financial Holdings IncMNRK12/17/2015$18.11$17.9517,9276/30/20160.895.26
Biotie Therapies Oyj (ADR)BITI1/19/2016$26.87$26.3111,6126/30/20162.1212.47
Waste Connections IncWCN1/19/2016$64.49$65.15895,6766/30/2016-1.02-6
Questar CorporationSTR2/1/2016$25.00$25.111,186,4936/30/2016-0.44-2.58
China Ming Yang Wind Power Group LtdMY2/3/2016$2.46$2.41151,8686/30/20162.0712.21
Multi-Fineline Electronix IncMFLX2/4/2016$23.95$22.95180,3066/30/20164.3625.65
Cascade Microtech IncCSCD2/4/2016$20.89$20.8757,3436/30/20160.080.49
PowerSecure International IncPOWR2/24/2016$18.75$18.76234,0336/30/2016-0.05-0.31
Rouse Properties IncRSE2/25/2016$18.25$18.51204,6956/30/2016-1.4-8.27
Tumi Holdings IncTUMI3/3/2016$26.75$26.751,135,9066/30/201600
VirtualScopics IncVSCP3/28/2016$4.05$4.056,7246/30/201600
Alliance Fiber Optic Products IncAFOP4/8/2016$18.50$18.54286,9286/30/2016-0.22-1.27
Hansen Medical IncHNSN4/20/2016$4.00$4.14111,3616/30/2016-3.38-19.91
Cheviot Financial CorpCHEV11/24/2015$15.14$14.9522,1417/15/20161.276
Baker Hughes IncBHI11/17/2014$64.96$46.945,429,9837/31/201638.4150.71
Avenue Financial Holdings IncAVNU1/28/2016$20.13$19.9030,7887/31/20161.174.6
Southcoast Financial CorporationSOCB8/14/2015$13.35$13.564,3298/1/2016-1.55-6.01
RR Media LtdRRM2/26/2016$13.29$13.119658/15/20161.384.67
Apollo Residential Mortgage IncAMTG2/26/2016$14.17$13.60193,4928/15/20164.1814.13
Apollo Education Group IncAPOL2/8/2016$9.50$7.431,081,4748/31/201627.8682.01
China Nepstar Chain Drugstore Ltd (ADR)NPD3/16/2016$2.57$2.49335,3619/30/20163.217.61
Checkpoint Systems IncCKP3/2/2016$10.15$10.13252,5479/30/20160.20.47
First Niagara Financial Group IncFNFG10/30/2015$10.85$10.742,081,0919/30/201612.37
Airgas IncARG11/17/2015$143.00$142.50531,7009/30/20160.350.83
Fox Chase Bancorp IncFXCB12/8/2015$19.37$20.2210,6399/30/2016-4.18-9.91
Firstmerit CorpFMER1/26/2016$22.66$22.54950,4949/30/20160.551.31
Tyco International plcTYC1/25/2016$40.59$39.723,074,5659/30/20162.185.18
LaPorte Bancorp IncLPSB3/10/2016$15.50$15.939,5279/30/2016-2.67-6.33
Rofin Sinar Technologies IncRSTI3/16/2016$32.50$32.17158,9329/30/20161.032.43
Hatteras Financial Corp Real Estate TrustHTS4/11/2016$15.88$15.83642,1379/30/20160.310.74
Polycom IncPLCM4/15/2016$12.45$12.341,083,2449/30/20160.872.06
Cvent IncCVT4/18/2016$36.00$35.251,764,8819/30/20162.135.04
Examworks Group IncEXAM4/27/2016$35.05$36.009/30/2016-2.64-6.25
Media General IncMEG1/27/2016$16.96$17.35604,90410/31/2016-2.22-4.38
EMC CorporationEMC10/12/2015$30.54$26.4711,666,57010/31/201615.3830.35
CIGNA CorporationCI7/24/2015$177.98$139.27974,97012/31/201627.841.24
Humana IncHUM7/3/2015$220.31$177.56712,12312/31/201624.0735.72
AGL Resources IncGAS8/24/2015$66.00$65.901,117,75512/31/20160.150.23
Piedmont Natural Gas Company IncPNY10/26/2015$60.00$59.81434,63212/31/20160.320.47
Rite Aid CorporationRAD10/27/2015$9.00$8.083,845,04012/31/201611.3916.89
E-House (China) Holdings Limited (ADR)EJ4/15/2016$6.80$6.60484,99712/31/20163.034.5
Astoria Financial CorpAF10/29/2015$15.75$15.36546,96812/31/20162.543.77
E I Du Pont De Nemours And CoDD12/11/2015$68.72$67.472,493,59912/31/20161.852.74
Ku6 Media Co Ltd (ADR)KUTV4/5/2016$1.03$1.0129,50012/31/20161.982.94
Syngenta AG (ADR)SYT2/3/2016$96.01$80.44330,71012/31/201619.3628.72
ITC LtdITC2/9/2016$43.67$43.601,232,55412/31/20160.160.24
Ingram Micro IncIM2/17/2016$38.90$35.42751,35712/31/20169.8214.58
Carmike Cinemas IncCKEC3/3/2016$30.00$29.93268,71912/31/20160.230.35
1st Century Bancshares IncFCTY3/10/2016$11.22$11.0045,42612/31/201622.97
Columbia Pipeline Group IncCPGX3/17/2016$25.50$25.618,877,36212/31/2016-0.43-0.64
IHS IncIHS3/21/2016$126.58$123.65220,52512/31/20162.373.52
Chicopee Bancorp IncCBNK4/4/2016$18.53$18.203912/31/20161.82.67
Lexmark International IncLXK4/19/2016$40.50$38.701,136,62412/31/20164.656.9
First Clover Leaf Financial CorpFCLF4/26/2016$12.51$11.8387,50112/31/20165.748.51
Virgin America IncVA4/4/2016$57.00$55.62689,9761/1/20172.483.67
Empire District Electric CoEDE2/9/2016$34.00$33.64241,3933/31/20171.071.16
Valspar CorpVAL3/21/2016$113.00$106.63457,7933/31/20175.976.49

28 April 2016 - Merger added today is EXAM (Examworks Group Inc)

One new merger acquisitions added today:
  • EXAM: Examworks Group Inc
Leonard Green to Acquire ExamWorks (EXAM) in ~$2.2B Deal

27 April 2016 - Merger added today is FCLF (First Clover Leaf Financial Corp)

One new merger acquisitions added today:
  • FCLF: First Clover Leaf Financial Corp
First Clover Leaf Financial (FCLF) Enters Merger Agreement with First Mid-Illinois Bancshares