what is RISK arbitrage?

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

Thursday 24 April 2014

CompanySymbolDate AnnouncedClosing ValueLast PriceLast VolumeClosing DateProfit Annualised Profit
Belo CorpBLC6/13/2013$13.75$13.74684,77312/31/20130.070
Analysts International CorpANLY8/28/2013$6.45$6.443,90012/31/20130.160
Equal Energy LtdEQU12/9/2013$5.43$4.65112,8543/31/201416.770
Home Federal Bancorp IncHOME10/23/2013$16.51$15.4327,8863/31/20146.980
Investors Capital Holdings LtdICH10/28/2013$7.39$7.155,5503/31/20143.360
Exceed Co LtdEDS12/2/2013$1.78$1.6618,4613/31/20147.230
Gentium S.p.A.GENT12/19/2013$57.00$55.0414,0593/31/20143.560
Pacer International, IncPACR1/6/2014$9.00$8.96815,6583/31/20140.450
Tower Financial CorpTOFC9/10/2013$17.27$24.076,9764/25/2014-28.26-5157.31
The Hallwood Group IncHWG6/5/2013$13.00$12.208894/30/20146.56341.92
United Financial Bankcorp, IncUBNK11/15/2013$18.23$18.2555,3524/30/2014-0.12-6.4
Nicholas Financial IncNICK12/18/2013$16.00$15.7720,1714/30/20141.4676.05
Beam IncBEAM1/13/2014$83.50$83.46708,6414/30/20140.052.5
ATMI IncATMI2/4/2014$34.00$33.98213,4414/30/20140.063.07
Washington Banking CoWBCO10/23/2013$17.92$17.9017,8785/1/20140.093.98
ChinaEdu CorporationCEDU12/31/2013$7.00$6.994,9755/15/20140.142.37
LSI CorpLSI12/16/2013$11.15$11.134,217,4405/15/20140.182.98
NTS, IncNTS10/21/2013$2.00$1.9621,4645/19/20142.0428.65
WSP Holdings LimitedWH2/21/2013$3.20$2.755,5025/31/201416.36157.18
EPL Oil & Gas IncEPL3/12/2014$39.00$38.851,113,6866/3/20140.383.39
LCA-Vision IncLCAV2/13/2014$5.37$5.3720,8066/20/201400
Taylor Capital Group IncTAYC7/15/2013$22.93$23.0120,8806/30/2014-0.37-1.98
Firstbank CorpFBMI8/15/2013$20.42$18.222,2106/30/201412.0764.81
China Hydroelectric CorporationCHC1/13/2014$3.51$3.4134,9926/30/20142.9315.74
Brookfield Office Properties IncBPO12/20/2013$19.78$19.97115,2576/30/2014-0.95-5.11
Rda Microelectronics IncRDA11/11/2013$18.50$17.68102,6766/30/20144.6424.9
ArthroCare CorpARTC2/3/2014$48.25$48.63394,8326/30/2014-0.78-4.19
Giant Interactive Group Inc (ADR)GA3/17/2014$13.00$11.79602,1816/30/201410.2655.09
Jos. A. Bank Clothiers IncJOSB3/11/2014$65.00$64.42274,2666/30/20140.94.83
KKR Financial Holdings LLCKFN12/16/2013$12.16$12.13860,4206/30/20140.281.48
Responsys IncMKTG12/20/2013$27.00$26.983,750,6816/30/20140.070.4
Tower Group IncTWGP1/6/2014$3.00$2.56244,3066/30/201417.1992.26
Teche Holding CompanyTSH1/13/2014$78.53$76.503,1186/30/20142.6514.23
North Valley BancorpNOVB1/21/2014$23.01$22.882,6746/30/20140.562.98
Jefferson Bancshares IncJFBI1/23/2014$8.00$7.831,8906/30/20142.1711.65
VantageSouth Bancshares IncVSB1/27/2014$6.09$6.1927,8916/30/2014-1.61-8.62
Texas Industries IncTXI1/28/2014$89.62$89.58148,8166/30/20140.050.25
Ninetowns Internet Technology Group Co Ltd ADSNINE1/29/2014$1.80$1.7413,4506/30/20143.4518.51
Accelrys IncACCL1/30/2014$12.50$12.50115,1386/30/201400
AMCOL International CorporationACO2/12/2014$45.75$45.77122,0016/30/2014-0.04-0.23
Forest Laboratories, IncFRX2/18/2014$94.53$92.134,478,3296/30/20142.6113.99
Zale CorporationZLC2/19/2014$21.00$21.18935,3936/30/2014-0.85-4.56
Coastal Contacts IncCOA2/27/2014$11.21$11.2877,4496/30/2014-0.66-3.57
Hastings Entertainment, IncHAST3/17/2014$3.00$2.959,2136/30/20141.699.1
Schawk, IncSGK3/17/2014$20.43$20.2882,5666/30/20140.733.92
Vocus IncVOCS4/7/2014$18.00$18.02163,1516/30/2014-0.11-0.6
Zygo CorporationZIGO4/11/2014$19.25$19.26126,5556/30/2014-0.05-0.28
ConnectOne Bancorp IncCNOB1/21/2014$50.36$49.922,3177/31/20140.893.26
Noah Education Holdings LtdNED4/2/2014$2.85$2.7940,1808/15/20142.156.89
Yongye International, IncYONG4/9/2014$7.10$6.97420,4358/15/20141.875.97
iSoftStone Holdings Ltd (ADR)ISS4/18/2014$5.70$5.47547,5339/30/20144.29.59
AutoNavi Holdings Ltd (ADR)AMAP4/11/2014$21.00$20.671,104,3749/30/20141.63.64
Chindex International, IncCHDX2/18/2014$24.00$23.65532,7089/30/20141.483.38
Emeritus CorporationESC2/20/2014$30.29$29.81592,1089/30/20141.63.64
DFC Global CorpDLLR4/2/2014$9.50$9.341,624,8679/30/20141.713.91
Nordion IncNDZ3/28/2014$11.75$11.45385,3569/30/20142.625.98
Questcor Pharmaceuticals, IncQCOR4/7/2014$86.69$78.141,258,4359/30/201410.9424.96
OBA Financial Services IncOBAF4/8/2014$22.90$21.9881,8089/30/20144.29.59
FedFirst Financial CorporationFFCO4/14/2014$24.05$22.002,2309/30/20149.3121.25
Cbeyond, IncCBEY4/21/2014$9.97$9.803,755,2829/30/20141.733.96
First Financial Service CorpFFKY4/22/2014$3.82$0.0010/30/201400
Hudson City Bancorp, IncHCBK8/27/2012$10.25$9.911,531,38612/31/20143.414.93
UNS Energy CorpUNS12/11/2013$60.25$60.2388,80112/31/20140.030.05
SWS Group, IncSWS4/1/2014$7.99$7.91225,63612/31/20141.051.52
Time Warner Cable IncTWC2/13/2014$146.14$138.434,743,31612/31/20145.578.06
Foster Wheeler AGFWLT2/13/2014$34.35$33.72401,66412/31/20141.862.69
TriQuint SemiconductorTQNT2/24/2014$13.18$13.332,000,54912/31/2014-1.11-1.61
Safeway IncSWY3/6/2014$36.15$34.091,762,32612/31/20146.048.75
Linedata Services SALIN3/21/2014$24.60$23.67140,4023/31/20153.954.21

24 April 2014 - Merger added today is FFKY (First Financial Service Corp)

One new merger acquisitions added today:
  • FFKY: First Financial Service Corp
Community Bank Shares of Indiana, Inc. To Acquire First Financial Service Corporation of Elizabethtown, Kentucky

23 April 2014 - Merger added today is CBEY (Cbeyond, Inc)

One new merger acquisitions added today:
  • CBEY: Cbeyond, Inc
Cbeyond Inc. (CBEY) Has Soared To A New High On Merger News