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 04 March 2015

CompanySymbolDate AnnouncedClosing ValueLast PriceLast VolumeClosing DateProfit Annualised Profit
Hampden Bancorp IncHBNK11/4/2014$21.83$21.462,512Unknown1.720
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$16.84$23.541,0724/25/2014-28.480
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$22.87$22.7539,7349/19/20140.520
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
XRS CorpXRSC9/2/2014$5.60$5.60010/31/201400
LSB Financial CorpLSBI6/4/2014$31.92$43.592,21511/1/2014-26.760
Exceed Co LtdEDS12/2/2013$1.78$1.5754,22112/31/201413.380
AMBIT BIOSCIENCES DLAMBI9/29/2014$15.00$15.60140,14012/31/2014-3.850
InterMune, IncITMN8/25/2014$74.00$73.895,16912/31/20140.150
Einstein Noah Restaurant Group IncBAGL9/29/2014$20.25$20.23142,01212/31/20140.10
PROSENSA HLDG NVRNA11/24/2014$17.75$18.65315,6662/11/2015-4.830
Riverbed Technology IncRVBD12/15/2014$21.00$20.912,780,3003/31/20150.435.82
Chyron CorporationCHYR11/17/2014$2.82$2.819,1443/31/20150.364.81
Family Dollar Stores, IncFDO7/28/2014$76.50$78.662,436,7003/31/2015-2.75-37.12
NB&T Financial Group, IncNBTF8/4/2014$29.78$29.732,3713/31/20150.172.28
The Bank of Kentucky Financial CorpBKYF9/8/2014$48.05$47.9112,3103/31/20150.293.98
Colonial Financial Services, IncCOBK9/10/2014$12.72$13.5030,3533/31/2015-5.76-77.89
Viasystems Group IncVIAS9/22/2014$17.60$17.4927,3643/31/20150.628.45
CSR plcCSRE10/15/2014$57.64$53.267433/31/20158.22111.17
Penford CorporationPENX10/15/2014$19.00$18.8643,4913/31/20150.7410.03
Aviv REITAVIV10/31/2014$36.23$36.1492,7073/31/20150.263.52
MicroFinancial IncorporatedMFI12/15/2014$10.20$10.4343,6233/31/2015-2.21-29.81
Caesars Acquisition CompanyCACQ12/22/2014$6.97$7.1943,3263/31/2015-3.03-40.99
Silicon Image IncSIMG1/27/2015$7.30$7.291,239,5433/31/20150.141.85
Rio Alto Mining LimitedRIOM2/9/2015$3.71$2.97444,5364/15/201525.04217.62
Hudson City Bancorp, IncHCBK8/27/2012$10.31$9.932,595,5974/30/20153.8624.7
DirectTVDTV5/19/2014$95.00$88.481,421,8924/30/20157.3747.19
International Game TechnologyIGT7/15/2014$18.75$17.994,410,0484/30/20154.2227.05
Home Loan Servicing Solutions LtdHLSS2/23/2015$18.25$18.411,502,0004/30/2015-0.87-5.57
Time Warner Cable IncTWC2/13/2014$172.38$156.742,691,1386/30/20159.9830.87
AllerganAGN11/17/2014$238.32$234.861,921,0996/30/20151.474.56
Integrys Energy Group, IncTEG6/23/2014$75.74$73.90536,2346/30/20152.487.68
Lorillard IncLO7/15/2014$72.44$68.861,630,8586/30/20155.216.08
Advanced Photonix IncAPI2/2/2015$0.45$0.4191,2976/30/201510.8533.56
TRW Automotive Holdings CorpTRW9/15/2014$105.60$104.231,212,7306/30/20151.314.07
Sigma-Aldrich CorporationSIAL9/22/2014$140.00$138.20724,1216/30/20151.34.03
Dresser-Rand Group IncDRC9/22/2014$83.00$81.23582,3026/30/20152.186.74
CMS Bancorp IncCMSB9/25/2014$13.25$13.1616/30/20150.682.12
CareFusion CorpCFN10/6/2014$60.36$60.131,663,4386/30/20150.391.21
State Investors Bancorp IncSIBC12/30/2014$21.25$21.192,0696/30/20150.280.88
Wright Medical Group IncWMGI10/27/2014$25.17$25.00602,3626/30/20150.72.16
Hudson Valley HoldingHVB11/5/2014$26.32$25.9784,2176/30/20151.364.21
Susquehanna Bancshares IncSUSQ11/12/2014$13.71$13.49653,2196/30/20151.614.98
Valley Financial CorporationVYFC11/17/2014$20.50$19.857,1096/30/20153.2710.13
Spansion IncCODE12/1/2014$37.30$37.121,126,9316/30/20150.481.48
PetSmart IncPETM12/15/2014$83.00$82.931,200,6156/30/20150.080.26
LNB Bancorp IncLNBB12/15/2014$17.30$17.7318,5856/30/2015-2.44-7.53
Talisman Energy IncTLM12/16/2014$8.00$7.757,894,5396/30/20153.239.98
Paramount Gold and Silver CorpPZG12/17/2014$1.22$1.21409,6116/30/20150.82.47
The Pantry IncPTRY12/18/2014$36.75$36.70170,9946/30/20150.140.42
Uroplasty IncUPI12/22/2014$1.78$1.22196,2166/30/201545.92142.04
Uranerz Energy CorporationURZ1/5/2015$1.23$1.1679,9076/30/20156.419.79
Courier CorporationCRRC1/16/2015$26.56$24.4560,4566/30/20158.6426.73
MeadWestvaco CorpMWV1/26/2015$52.77$51.871,205,6456/30/20151.735.35
Regency Energy Partners LPRGP1/26/2015$24.32$24.111,037,5776/30/20150.882.71
Advent Software IncADVS2/3/2015$44.25$44.12687,7566/30/20150.290.91
Entropic Communications IncENTR2/3/2015$3.03$3.001,299,0366/30/20150.872.68
E2open IncEOPN2/5/2015$8.60$8.56116,8766/30/20150.471.45
Exelis IncXLS2/6/2015$24.56$24.152,873,5016/30/20151.715.28
Orbitz Worldwide IncOWW2/12/2015$12.00$11.597,266,1116/30/20153.5410.94
Salix Pharmaceuticals LtdSLXP2/23/2015$158.00$156.504,031,3226/30/20150.962.96
Mavenir Systems IncMVNR3/2/2015$17.40$17.053,471,7886/30/20152.046.31
Oneida Financial CorpONFC2/24/2015$19.94$19.7012,5017/31/20151.233.01
Pepco Holdings, IncPOM4/30/2014$27.25$27.11886,4248/15/20150.521.15
Heritage Financial Group IncHBOS12/10/2014$26.42$25.8332,4229/30/20152.273.95
Polypore International IncPPO2/23/2015$60.50$59.221,823,5189/30/20152.163.76
Emulex CorporationELX2/25/2015$8.00$7.982,263,4909/30/20150.250.44
Aruba Networks IncARUN3/2/2015$24.67$24.4117,594,7169/30/20151.071.85
Cleco CorpCNL10/20/2014$55.37$54.21886,45012/31/20152.142.59
Baker Hughes IncBHI11/17/2014$67.35$62.653,229,11412/31/20157.59.07
Hawaiian Electric Industries IncHE12/3/2014$24.95$32.63286,42612/31/2015-23.54-28.45
Meadowbrook Insurance Group IncMIG12/30/2014$8.65$8.44595,14512/31/20152.493.01
City National CorpCYN1/22/2015$93.55$89.88329,03012/31/20154.084.93
Partnerre LtdPRE1/26/2015$112.82$113.63434,48812/31/2015-0.72-0.87
Office Depot IncODP2/4/2015$10.93$9.469,241,31512/31/201515.5218.76
Hospira IncHSP2/5/2015$90.00$87.712,511,38612/31/20152.613.16
Freescale Semiconductor LtdFSL3/2/2015$41.01$40.508,499,72312/31/20151.271.53
Square 1 Financial IncSQBK3/2/2015$26.66$25.661,562,37812/31/20153.914.72
Alliance Bancorp Inc of PennsylvaniaALLB3/3/2015$21.93$0.0012/31/201500

04 March 2015 - Mergers added today MVNR (Mavenir Systems Inc), ARUN (Aruba Networks Inc), FSL (Freescale Semiconductor Ltd), SQBK (Square 1 Financial Inc), and ALLB (Alliance Bancorp Inc of Pennsylvania)

27 February 2015 - Merger added today is ELX (Emulex Corporation)

One new merger acquisitions added today:
  • ELX: Emulex Corporation
Avago Technologies (AVGO) to Acquire Emulex Corp. (ELX) for $8/Share