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 5 August 2015

CompanySymbolDate AnnouncedClosing ValueLast PriceLast VolumeClosing DateProfit Annualised Profit
Shanda Games LimitedGAME4/6/2015CA$7.05CA$6.76193,220Unknown4.290
Belo CorpBLC6/13/2013CA$13.75CA$13.74684,77312/31/20130.070
Analysts International CorpANLY8/28/2013CA$6.45CA$6.443,90012/31/20130.160
Gentium S.p.A.GENT12/19/2013CA$57.00CA$55.0414,0593/31/20143.560
Pacer International, IncPACR1/6/2014CA$9.00CA$8.96815,6583/31/20140.450
Tower Financial CorpTOFC9/10/2013CA$17.52CA$23.541,0724/25/2014-25.570
ArthroCare CorpARTC2/3/2014CA$48.25CA$48.60916,4395/29/2014-0.720
Responsys IncMKTG12/20/2013CA$27.00CA$26.983,750,6816/30/20140.070
Coastal Contacts IncCOA2/27/2014CA$11.21CA$11.2921,0726/30/2014-0.750
OBA Financial Services IncOBAF4/8/2014CA$23.63CA$22.7539,7349/19/20143.890
Aeroflex Holding CorpARX5/20/2014CA$10.50CA$10.50406,7409/30/201400
OpenTable IncOPEN6/13/2014CA$103.00CA$102.953,651,5719/30/20140.050
XRS CorpXRSC9/2/2014CA$5.60CA$5.60010/31/201400
LSB Financial CorpLSBI6/4/2014CA$33.22CA$43.592,21511/1/2014-23.80
AMBIT BIOSCIENCES DLAMBI9/29/2014CA$15.00CA$15.60140,14012/31/2014-3.850
InterMune, IncITMN8/25/2014CA$74.00CA$73.895,16912/31/20140.150
Einstein Noah Restaurant Group IncBAGL9/29/2014CA$20.25CA$20.23142,01212/31/20140.10
PROSENSA HLDG NVRNA11/24/2014CA$17.75CA$18.65315,6662/11/2015-4.830
The Pantry IncPTRY12/18/2014CA$36.75CA$36.74226,2723/16/20150.030
MicroFinancial IncorporatedMFI12/15/2014CA$10.20CA$10.4343,6233/31/2015-2.210
Caesars Acquisition CompanyCACQ12/22/2014CA$3.55CA$6.49144,9123/31/2015-45.370
State Investors Bancorp IncSIBC12/30/2014CA$21.25CA$21.153,3006/30/20150.470
Exceed Co LtdEDS12/2/2013CA$1.78CA$1.65156,1857/31/20157.880
GrafTech International LtdGTI5/18/2015CA$5.05CA$5.03657,9467/31/20150.40
CSR plcCSRE10/15/2014CA$57.64CA$55.851,9338/12/20153.21167.12
LNB Bancorp IncLNBB12/15/2014CA$18.48CA$18.5522,4718/14/2015-0.37-14.94
Pepco Holdings, IncPOM4/30/2014CA$27.25CA$26.77855,5958/15/20151.7965.45
Informatica CorporationINFA4/7/2015CA$48.75CA$48.56782,9398/15/20150.3914.28
Metalico IncMEA6/16/2015CA$0.60CA$0.50230,8508/31/201520280.77
Wright Medical Group IncWMGI10/27/2014CA$25.43CA$25.60346,5559/30/2015-0.66-4.27
Books-A-Million IncBAMM7/14/2015CA$3.25CA$3.2411,7509/30/20150.312.01
Polypore International IncPPO2/23/2015CA$60.50CA$60.09189,8879/30/20150.684.45
SFX Entertainment IncSFXE5/26/2015CA$5.25CA$3.13517,9639/30/201567.73441.47
Integrated Silicon Solution IncISSI3/12/2015CA$23.00CA$21.85312,2779/30/20155.2634.3
LRR Energy LPLRE4/20/2015CA$5.33CA$4.80138,3649/30/201511.0371.9
IGATE CorpIGTE4/27/2015CA$48.00CA$48.001,895,1049/30/201500
MCG Capital CorpMCGC4/29/2015CA$4.75CA$4.47194,3629/30/20156.2640.83
PMFG IncPMFG5/4/2015CA$6.85CA$6.0131,2759/30/201513.9891.1
Quality Distribution IncQLTY5/6/2015CA$16.00CA$15.96301,0669/30/20150.251.63
Crestwd Midstr PrnCMLP5/6/2015CA$9.90CA$9.40997,1369/30/20155.3234.67
Trade Street Residential IncTSRE5/11/2015CA$7.13CA$7.039,4849/30/20151.459.42
Williams Partners LPWPZ5/13/2015CA$57.15CA$43.472,442,5969/30/201531.48205.19
Eagle Rock Energy Partners LPEROC5/21/2015CA$1.79CA$1.65496,3879/30/20158.6556.35
Frisch's Restaurants IncFRS5/22/2015CA$34.00CA$33.694,7209/30/20150.926
DealerTrack Technologies IncTRAK6/15/2015CA$63.25CA$62.15519,6489/30/20151.7711.54
Kythera Biopharmaceuticals IncKYTH6/17/2015CA$75.00CA$74.55154,2329/30/20150.63.93
Lumenis LtdLMNS6/18/2015CA$14.00CA$13.94485,3309/30/20150.432.81
Coast Distribution System IncCRV7/9/2015CA$5.50CA$5.4831,1069/30/20150.362.38
SilverCrest Mines IncSVLC7/27/2015CA$0.85CA$0.81168,6439/30/20155.334.56
Hudson City Bancorp, IncHCBK8/27/2012CA$11.01CA$10.311,364,33110/31/20156.8128.57
Oneida Financial CorpONFC2/24/2015CA$21.60CA$20.8212,98410/31/20153.7415.7
First Security Group IncFSGI3/25/2015CA$2.35CA$2.4713,06810/31/2015-4.86-20.38
Ryland Group IncRYL6/15/2015CA$44.08CA$43.86350,20310/31/20150.52.08
Xoom CorpXOOM7/1/2015CA$25.00CA$24.78714,81310/31/20150.893.72
Magnetek IncMAG7/27/2015CA$50.00CA$49.708,48910/31/20150.62.53
Baker Hughes IncBHI11/17/2014CA$63.35CA$55.304,635,10312/1/201514.5645.04
Sigma-Aldrich CorporationSIAL9/22/2014CA$140.00CA$139.601,053,43912/22/20150.290.75
Bio-Reference Laboratories IncBRLI6/4/2015CA$39.33CA$43.95117,20512/31/2015-10.52-25.95
Cleco CorpCNL10/20/2014CA$55.37CA$54.33622,80612/31/20151.914.72
Hawaiian Electric Industries IncHE12/3/2014CA$26.21CA$30.19162,98312/31/2015-13.19-32.53
City National CorpCYN1/22/2015CA$90.72CA$89.47255,80412/31/20151.393.43
Office Depot IncODP2/4/2015CA$10.35CA$7.794,491,45312/31/201532.9281.2
Hospira IncHSP2/5/2015CA$90.00CA$89.601,390,67012/31/20150.451.1
Orbitz Worldwide IncOWW2/12/2015CA$12.00CA$11.242,782,23912/31/20156.7616.68
Freescale Semiconductor LtdFSL3/2/2015CA$39.80CA$39.121,967,86012/31/20151.734.27
Square 1 Financial IncSQBK3/2/2015CA$27.76CA$27.07117,08312/31/20152.556.29
Alliance Bancorp Inc of PennsylvaniaALLB3/3/2015CA$8.22CA$23.355,41912/31/2015-64.8-159.8
Associated Estates Realty CorporationAEC4/22/2015CA$28.75CA$28.73267,87412/31/20150.070.17
Palmetto Bancshares IncPLMT4/22/2015CA$20.42CA$19.9910,77312/31/20152.145.29
Ameriana BancorpASBI6/29/2015CA$23.64CA$22.8820,75012/31/20153.338.2
Pall CorporationPLL5/13/2015CA$127.20CA$126.51712,35312/31/20150.551.35
Ann IncANN5/18/2015CA$45.60CA$45.53381,91812/31/20150.140.35
Omnicare IncOCR5/21/2015CA$98.00CA$96.892,393,48512/31/20151.152.83
Time Warner Cable IncTWC5/26/2015CA$203.58CA$193.01921,65312/31/20155.4813.51
OM Group IncOMG6/1/2015CA$34.00CA$33.81233,75412/31/20150.561.39
Altera CorporationALTR6/1/2015CA$54.00CA$50.051,462,45212/31/20157.8919.46
Naugatuck Valley Financial CorpNVSL6/4/2015CA$11.00CA$10.691,29812/31/20152.97.15
HCC Insurance Holdings IncHCC6/10/2015CA$78.00CA$77.33502,79112/31/20150.872.14
Louisiana Bancorp IncLABC6/18/2015CA$24.25CA$23.9160712/31/20151.423.51
Home Properties IncHME6/22/2015CA$75.23CA$74.28825,59012/31/20151.283.15
Martha Stewart Living Omnimedia IncMSO6/22/2015CA$6.15CA$6.08271,11212/31/20151.152.84
Towers Watson & CoTW6/30/2015CA$124.32CA$129.84762,60512/31/2015-4.25-10.49
Gramercy PptyGPT7/1/2015CA$23.19CA$24.17653,40712/31/2015-4.06-10
Remy InternationalREMY7/13/2015CA$29.50CA$29.46304,37712/31/20150.140.33
Markwest Energy Partners LPMWE7/13/2015CA$69.88CA$62.72727,17112/31/201511.4228.16
Receptos IncRCPT7/14/2015CA$232.00CA$228.00681,33812/31/20151.754.33
Vivint Solar IncVSLR7/20/2015CA$16.50CA$15.16610,88112/31/20158.8421.8
Thoratec CorporationTHOR7/22/2015CA$63.50CA$63.35766,41912/31/20150.240.58
Cytec Industries IncCYT7/29/2015CA$75.25CA$74.133,386,76012/31/20151.513.73
Partnerre LtdPRE1/26/2015CA$140.50CA$139.06694,6063/31/20161.041.58
Broadcom CorporationBRCM5/28/2015CA$54.28CA$50.208,346,1653/31/20168.1212.4
Chubb CorpCB7/1/2015CA$129.36CA$125.491,482,1173/31/20163.094.71
Health Net IncHNT7/2/2015CA$74.56CA$68.651,461,5063/31/20168.6113.14
StanCorp Financial Group IncSFG7/23/2015CA$115.00CA$113.81387,1983/31/20161.051.6
OmniVision Technologies IncOVTI4/30/2015CA$29.75CA$24.38381,3354/30/201622.0329.89
Alcatel-LucentALU4/15/2015CA$3.78CA$3.662,495,7646/30/20163.243.58
CIGNA CorporationCI7/24/2015CA$181.97CA$143.892,425,78612/31/201626.4618.79
Humana IncHUM7/3/2015CA$230.10CA$182.331,117,80312/31/201626.218.6

31 July 2015 - Merger added today is CYT (Cytec Industries Inc)

One new merger acquisitions added today:
  • CYT: Cytec Industries Inc
Cytec Industries (CYT) Enters $5.5B Merger Agreement

30 July 2015 - Merger added today is EXL (Excel Trust Inc Real Estate Trust)

One new merger acquisitions added today:
  • EXL: Excel Trust Inc Real Estate Trust
Excel Trust Stockholders Approve Acquisition by Blackstone