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.

Wednesday 01 October 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
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$15.68$23.541,0724/25/2014-33.370
ArthroCare CorpARTC2/3/2014$48.25$48.60916,4395/29/2014-0.720
Responsys IncMKTG12/20/2013$27.00$26.983,750,6816/30/20140.070
Coastal Contacts IncCOA2/27/2014$11.21$11.2921,0726/30/2014-0.750
OBA Financial Services IncOBAF4/8/2014$21.59$22.7539,7349/19/2014-5.120
Charm Communications Inc (ADR)CHRM5/19/2014$4.70$4.632,2059/30/20141.510
Exceed Co LtdEDS12/2/2013$1.78$1.6669,7489/30/20147.230
Overland Storage, IncOVRL5/16/2014$3.57$3.2936,7979/30/20148.510
Chindex International, IncCHDX2/18/2014$24.00$23.9928,2189/30/20140.040
Montage Technology Group LimitedMONT6/11/2014$22.60$20.96115,9589/30/20147.820
SP Bancorp, IncSPBC5/5/2014$29.55$29.019019/30/20141.860
Aeroflex Holding CorpARX5/20/2014$10.50$10.50406,7409/30/201400
OpenTable IncOPEN6/13/2014$103.00$102.953,651,5719/30/20140.050
PokerTek, IncPTEK4/30/2014$1.35$1.352,31510/1/201400
North Valley BancorpNOVB1/21/2014$21.47$21.553,75110/3/2014-0.37-45.44
TF Financial CorpTHRD6/4/2014$41.74$41.914,77810/24/2014-0.42-6.32
First Financial Service CorpFFKY4/22/2014$4.00$3.6940410/30/20148.51103.54
FedFirst Financial CorporationFFCO4/14/2014$22.60$21.6910410/31/20144.249.43
1st United Bancorp IncFUBC5/8/2014$8.68$8.5756,47010/31/20141.2514.77
URS CorpURS7/14/2014$58.36$58.25349,86310/31/20140.192.22
LSB Financial CorpLSBI6/4/2014$29.75$40.501,19811/1/2014-26.55-302.88
Hudson City Bancorp, IncHCBK8/27/2012$10.49$9.891,613,53812/31/20146.0624.05
Compuware CorporationCPWR9/2/2014$10.92$10.663,391,23112/31/20142.449.68
SWS Group, IncSWS4/1/2014$7.04$7.14150,03012/31/2014-1.38-5.46
Foster Wheeler AGFWLT2/13/2014$32.11$31.98628,00912/31/20140.41.57
TriQuint SemiconductorTQNT2/24/2014$19.90$19.631,270,05512/31/20141.375.44
Safeway IncSWY3/6/2014$36.15$34.35952,60512/31/20145.2420.79
OmniAmerican Bancorp, IncOABC4/29/2014$28.19$26.2042,59512/31/20147.5930.1
Orbital Sciences CorpORB4/29/2014$58.90$28.54452,47612/31/2014106.39422.1
American Realty Capital Healthcare Trust, IncHCT6/2/2014$10.52$10.53887,94912/31/2014-0.08-0.33
TW Telecom IncTWTC6/16/2014$41.21$40.82507,31712/31/20140.953.75
Covidien plcCOV6/16/2014$95.74$89.984,905,38712/31/20146.425.41
Measurement Specialties, IncMEAS6/18/2014$86.00$85.80102,15612/31/20140.230.92
Shire PLC (ADR)SHPG7/18/2014$284.68$262.642,555,44312/31/20148.3933.3
Medical Action IndustriesMDCI6/25/2014$13.80$13.7968,18612/31/20140.070.29
Auxilium Pharmaceuticals, IncAUXL6/26/2014$14.74$31.031,554,00412/31/2014-52.5-208.29
Enventis CorporationENVE6/30/2014$19.04$18.8518,22312/31/201413.96
Kodiak Oil & Gas CorpKOG7/14/2014$14.06$14.002,895,76212/31/20140.431.73
Intermountain Community BancorpIMCB7/23/2014$18.58$18.191,07012/31/20142.128.43
Pike Electric CorporationPIKE8/4/2014$12.00$11.95317,73912/31/20140.421.66
Kinder Morgan Energy Partners LPKMP8/11/2014$94.96$93.451,018,72912/31/20141.626.42
Kinder Morgan Management, LLCKMR8/11/2014$95.40$94.15332,91312/31/20141.325.25
El Paso Pipeline Partners, LPEPB8/11/2014$40.93$40.221,540,37312/31/20141.777.03
InterMune, IncITMN8/25/2014$74.00$73.895,721,72712/31/20140.150.59
Cobra Electronics CorporationCOBR8/28/2014$4.30$4.28383,68212/31/20140.471.85
XRS CorpXRSC9/2/2014$5.60$0.00012/31/201400
Bolt Technology CorpBOLT9/3/2014$22.00$21.9618,89212/31/20140.180.72
Annies IncBNNY9/8/2014$46.00$45.881,246,32712/31/20140.261.04
Taminco CorpTAM9/11/2014$26.00$26.50569,10312/31/2014-1.89-7.49
Conversant IncCNVR9/11/2014$35.00$34.341,203,49412/31/20141.927.63
LipoScience IncLPDX9/25/2014$5.25$5.19375,81012/31/20141.164.59
Le Gaga Holdings Ltd ADRGAGA7/30/2014$4.01$3.9721,50112/31/20141.014
Protective Life CorpPL6/3/2014$70.00$69.471,084,6591/31/20150.762.26
International Rectifier CorporationIRF8/20/2014$40.00$39.381,640,3541/31/20151.574.67
QR Energy LPQRE7/24/2014$20.26$19.71340,2411/31/20152.818.34
Fortegra Financial CorpFRF8/12/2014$10.00$9.8917,9081/31/20151.113.3
Peregrine Semiconductor CorpPSMI8/22/2014$12.50$12.36536,5121/31/20151.133.36
Multimedia Games Holding Company IncMGAM9/8/2014$36.50$36.30224,3691/31/20150.551.63
Concur Technologies IncCNQR9/18/2014$129.00$126.781,431,8982/15/20151.754.63
Linedata Services SALIN3/21/2014$19.32$22.26225,5073/31/2015-13.21-26.49
Rockwood Holdings, IncROC7/15/2014$79.89$78.57993,0163/31/20151.683.37
Franklin Financial CorpFRNK7/15/2014$19.31$19.0138,1213/31/20151.563.12
Trulia IncTRLA7/28/2014$54.09$51.29535,2673/31/20155.4610.96
Family Dollar Stores, IncFDO7/28/2014$74.50$77.54925,0823/31/2015-3.92-7.86
GFI Group IncGFIG7/30/2014$4.55$5.45696,6783/31/2015-16.51-33.12
Intervest Bancshares CorpIBCA7/31/2014$10.37$9.6076,2243/31/20158.0216.09
Bally Technologies IncBYI8/1/2014$83.30$80.52462,8283/31/20153.456.92
NB&T Financial Group, IncNBTF8/4/2014$29.83$29.485073/31/20151.182.36
Peoples Federal Bancshares, IncPEOP8/5/2014$19.98$20.152,1703/31/2015-0.86-1.72
The Bank of Kentucky Financial CorpBKYF9/8/2014$47.40$46.55105,3593/31/20151.833.67
Colonial Financial Services, IncCOBK9/10/2014$13.27$13.313,7783/31/2015-0.28-0.56
Glimcher Realty TrustGRT9/16/2014$13.84$13.594,575,9283/31/20151.863.73
Viasystems Group IncVIAS9/22/2014$16.20$15.9228,9033/31/20151.773.54
DirectTVDTV5/19/2014$95.00$87.092,915,3064/30/20159.0815.64
Time Warner Cable IncTWC2/13/2014$155.94$145.091,486,0716/30/20157.4810
Integrys Energy Group, IncTEG6/23/2014$66.88$64.91274,5096/30/20153.044.06
Lorillard IncLO7/15/2014$67.46$59.951,294,1836/30/201512.5316.75
International Game TechnologyIGT7/15/2014$18.75$16.942,213,1576/30/201510.6814.29
TRW Automotive Holdings CorpTRW9/15/2014$105.60$101.811,727,1046/30/20153.724.98
Sigma-Aldrich CorporationSIAL9/22/2014$140.00$136.771,241,9406/30/20152.363.16
Dresser-Rand Group IncDRC9/22/2014$83.00$82.612,312,7476/30/20150.470.63
CMS Bancorp IncCMSB9/25/2014$13.25$12.8321,6606/30/20153.274.38
Pepco Holdings, IncPOM4/30/2014$27.25$26.891,080,8938/15/20151.341.53

01 October 2014 - Mergers added today AMBI (AMBIT BIOSCIENCES DL), BAGL (Einstein Noah Restaurant Group Inc), TIBX (TIBCO Software), ATHL (ATHLON ENERGY INC DL) and SMPL (Simplicity Bancorp Inc)

29 September 2014 - Mergers added today LPDX (LipoScience Inc), GAGA (Le Gaga Holdings Ltd ADR) and CMSB (CMS Bancorp Inc)