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 once the merger completes.

Wednesday 23 July 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$16.61$23.541,0724/25/2014-29.450
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
North Valley BancorpNOVB1/21/2014$21.48$21.343,5716/30/20140.650
Coastal Contacts IncCOA2/27/2014$11.21$11.2921,0726/30/2014-0.750
Schawk, IncSGK3/17/2014$20.69$20.6518,7036/30/20140.170
Equal Energy LtdEQU12/9/2013$5.48$5.46178,1807/31/20140.3716.71
Exceed Co LtdEDS12/2/2013$1.78$1.7620,3117/31/20141.1451.85
Noah Education Holdings LtdNED4/2/2014$2.85$2.7811,5158/15/20142.5239.96
Questcor Pharmaceuticals, IncQCOR4/7/2014$96.45$94.751,388,1218/31/20141.7916.79
Hillshire Brands CoHSH7/2/2014$63.00$62.801,094,9779/27/20140.321.76
iSoftStone Holdings Ltd (ADR)ISS4/18/2014$5.70$5.54139,2229/30/20142.8915.28
Taylor Capital Group IncTAYC7/15/2013$21.47$21.2345,0609/30/20141.146.02
Digital Cinema Destinations CorpDCIN5/15/2014$5.50$5.4214,7919/30/20141.467.71
R.G. Barry CorpDFZ5/2/2014$19.00$18.8927,9189/30/20140.583.08
Charm Communications Inc (ADR)CHRM5/19/2014$4.70$4.494,2179/30/20144.6824.74
Overland Storage, IncOVRL5/16/2014$4.47$4.349,4549/30/20143.0416.09
Chindex International, IncCHDX2/18/2014$24.00$23.3731,6689/30/20142.714.26
Emeritus CorporationESC2/20/2014$33.91$33.83203,7769/30/20140.251.33
Montage Technology Group LimitedMONT6/11/2014$22.60$21.33352,7919/30/20145.9531.5
Nordion IncNDZ3/28/2014$13.00$12.94106,5629/30/20140.462.45
OBA Financial Services IncOBAF4/8/2014$21.64$21.342,4589/30/20141.47.42
FedFirst Financial CorporationFFCO4/14/2014$22.37$21.824,2009/30/20142.5113.3
Susser Holdings CorporationSUSS4/28/2014$83.15$80.30139,2199/30/20143.5518.76
SP Bancorp, IncSPBC5/5/2014$29.55$28.883,1679/30/20142.3212.27
Aeroflex Holding CorpARX5/20/2014$10.50$10.5159,1209/30/2014-0.1-0.5
Hittite Microwave CorpHITT6/9/2014$78.00$77.952,356,2019/30/20140.060.34
Idenix Pharmaceuticals, IncIDIX6/9/2014$24.50$24.282,557,0869/30/20140.914.79
OpenTable IncOPEN6/13/2014$103.00$102.99938,1439/30/20140.010.05
Fusion-IO, IncFIO6/16/2014$11.25$11.251,363,3579/30/201400
MICROS Systems, IncMCRS6/23/2014$68.00$67.741,971,6379/30/20140.382.03
Sport Chalet, IncSPCHA6/30/2014$1.04$1.156,7869/30/2014-9.57-50.6
Sport Chalet, IncSPCHB6/30/2014$1.04$1.156,3979/30/2014-9.57-50.6
Vitacost.com, IncVITC7/2/2014$8.00$7.99269,5919/30/20140.130.66
ZipRealty, IncZIPR7/15/2014$6.75$6.73418,3189/30/20140.31.57
First Financial Service CorpFFKY4/22/2014$4.05$3.6945,45610/30/20149.8836.42
1st United Bancorp IncFUBC5/8/2014$8.59$8.3671,23610/31/20142.739.98
URS CorpURS7/14/2014$58.95$58.721,104,40910/31/20140.41.46
PLX Technology, IncPLXT6/23/2014$6.50$6.49712,97511/3/20140.150.55
Tower Group IncTWGP1/6/2014$2.50$1.83143,00311/15/201436.61116.2
Hudson City Bancorp, IncHCBK8/27/2012$10.29$9.731,759,67712/31/20145.7513.04
DirectTVDTV5/19/2014$95.00$86.901,480,04412/31/20149.3221.13
UNS Energy CorpUNS12/11/2013$60.25$60.41104,81512/31/2014-0.26-0.6
SWS Group, IncSWS4/1/2014$7.13$7.2232,26712/31/2014-1.19-2.69
Time Warner Cable IncTWC2/13/2014$154.73$146.451,321,56912/31/20145.6612.82
Foster Wheeler AGFWLT2/13/2014$34.27$33.89292,46312/31/20141.112.51
TriQuint SemiconductorTQNT2/24/2014$18.07$17.905,488,94212/31/20140.972.19
Safeway IncSWY3/6/2014$36.15$34.821,093,45612/31/20143.828.66
OmniAmerican Bancorp, IncOABC4/29/2014$25.88$24.4233,27812/31/20145.9713.53
Orbital Sciences CorpORB4/29/2014$60.56$28.10193,27312/31/2014115.52261.89
PokerTek, IncPTEK4/30/2014$1.35$1.31271,38412/31/20143.056.92
American Realty Capital Healthcare Trust, IncHCT6/2/2014$10.87$10.841,094,16212/31/20140.310.71
LSB Financial CorpLSBI6/4/2014$31.49$41.5085712/31/2014-24.11-54.67
TF Financial CorpTHRD6/4/2014$42.62$41.6166512/31/20142.435.51
TW Telecom IncTWTC6/16/2014$41.81$41.391,523,01312/31/20141.012.29
Covidien plcCOV6/16/2014$94.85$88.533,806,32312/31/20147.1416.19
Measurement Specialties, IncMEAS6/18/2014$86.00$85.7376,11112/31/20140.310.71
Shire PLC (ADR)SHPG7/18/2014$270.73$252.803,749,12812/31/20147.0916.08
Medical Action IndustriesMDCI6/25/2014$13.80$13.8190,77112/31/2014-0.07-0.16
Auxilium Pharmaceuticals, IncAUXL6/26/2014$18.06$19.44646,87212/31/2014-7.08-16.06
Enventis CorporationENVE6/30/2014$16.03$15.9518,76412/31/20140.471.07
Kodiak Oil & Gas CorpKOG7/14/2014$15.53$15.795,006,75612/31/2014-1.64-3.71
Protective Life CorpPL6/3/2014$70.00$69.40856,3561/31/20150.861.64
Linedata Services SALIN3/21/2014$34.87$27.6515,9453/31/201526.137.95
Rockwood Holdings, IncROC7/15/2014$83.85$83.211,443,8983/31/20150.771.12
Franklin Financial CorpFRNK7/15/2014$21.60$20.5625,8053/31/20155.077.37
Integrys Energy Group, IncTEG6/23/2014$69.70$69.07224,5806/30/20150.910.97
Lorillard IncLO7/15/2014$67.37$61.006,504,1256/30/201510.4411.14
International Game TechnologyIGT7/15/2014$18.75$17.1113,154,7226/30/20159.5910.23
Pepco Holdings, IncPOM4/30/2014$27.25$27.40649,2038/15/2015-0.55-0.51

21 July 2014 - Merger added today is SHPG (Shire PLC (ADR))

One new merger acquisitions added today:
  • SHPG: Shire PLC (ADR)
How Will AbbVie (ABBV) Stock React To Merger With Shire Pharmaceuticals (SHPG)

17 July 2014 - Mergers added today ZIPR (ZipRealty, Inc), URS (URS Corp), KOG (Kodiak Oil & Gas Corp), ROC (Rockwood Holdings, Inc), FRNK (Franklin Financial Corp), LO (Lorillard Inc) and IGT (International Game Technology)