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.

Thursday 31 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$16.31$23.541,0724/25/2014-30.720
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$21.16$20.974,7456/30/20140.90
Coastal Contacts IncCOA2/27/2014$11.21$11.2921,0726/30/2014-0.750
Schawk, IncSGK3/17/2014$20.74$20.7213,3126/30/20140.110
Equal Energy LtdEQU12/9/2013$5.48$5.44250,2367/31/20140.74268.38
Noah Education Holdings LtdNED4/2/2014$2.80$2.7825,1838/15/20140.7216.41
Taylor Capital Group IncTAYC7/15/2013$21.43$21.3936,0848/18/20140.23.86
Questcor Pharmaceuticals, IncQCOR4/7/2014$95.26$93.67947,8718/31/20141.6919.32
Hillshire Brands CoHSH7/2/2014$63.00$62.791,276,6769/27/20140.332.07
iSoftStone Holdings Ltd (ADR)ISS4/18/2014$5.70$5.56265,2709/30/20142.5214.82
Digital Cinema Destinations CorpDCIN5/15/2014$5.61$5.5110,2689/30/20141.8911.15
R.G. Barry CorpDFZ5/2/2014$19.00$18.9432,6549/30/20140.321.86
Charm Communications Inc (ADR)CHRM5/19/2014$4.70$4.4766,0699/30/20145.1530.29
Exceed Co LtdEDS12/2/2013$1.78$1.70144,2149/30/20144.7127.7
Overland Storage, IncOVRL5/16/2014$3.73$3.6416,6109/30/20142.3413.76
Chindex International, IncCHDX2/18/2014$24.00$23.4458,6169/30/20142.3914.06
Emeritus CorporationESC2/20/2014$33.93$33.87186,3369/30/20140.191.11
Montage Technology Group LimitedMONT6/11/2014$22.60$21.57343,8079/30/20144.7828.11
Nordion IncNDZ3/28/2014$13.00$12.9578,6089/30/20140.392.27
OBA Financial Services IncOBAF4/8/2014$22.08$21.841,4009/30/20141.126.59
FedFirst Financial CorporationFFCO4/14/2014$22.60$21.7125,5699/30/20144.124.15
Susser Holdings CorporationSUSS4/28/2014$85.27$81.48117,8189/30/20144.6527.36
SP Bancorp, IncSPBC5/5/2014$29.55$28.882,5009/30/20142.3213.66
Aeroflex Holding CorpARX5/20/2014$10.50$10.5340,8499/30/2014-0.28-1.68
Idenix Pharmaceuticals, IncIDIX6/9/2014$24.50$24.321,544,3169/30/20140.744.36
OpenTable IncOPEN6/13/2014$103.00$102.953,651,5719/30/20140.050.29
MICROS Systems, IncMCRS6/23/2014$68.00$67.652,401,2109/30/20140.523.05
Sport Chalet, IncSPCHA6/30/2014$1.04$1.1567,2259/30/2014-9.57-56.31
Sport Chalet, IncSPCHB6/30/2014$1.04$1.161,3629/30/2014-10.34-60.9
Vitacost.com, IncVITC7/2/2014$8.00$7.98102,3409/30/20140.251.48
ZipRealty, IncZIPR7/15/2014$6.75$6.74196,2499/30/20140.150.87
First Financial Service CorpFFKY4/22/2014$3.98$3.806,33710/30/20144.7618.9
1st United Bancorp IncFUBC5/8/2014$8.58$8.4068,35210/31/20142.148.39
URS CorpURS7/14/2014$58.35$58.071,187,81110/31/20140.491.91
PLX Technology, IncPLXT6/23/2014$6.50$6.50832,62311/3/201400
Tower Group IncTWGP1/6/2014$2.50$2.13324,68011/15/201417.3758.71
Hudson City Bancorp, IncHCBK8/27/2012$10.31$9.771,217,20912/31/20145.5113.07
DirectTVDTV5/19/2014$95.00$86.161,431,24412/31/201410.2624.32
UNS Energy CorpUNS12/11/2013$60.25$60.39340,07712/31/2014-0.23-0.55
SWS Group, IncSWS4/1/2014$7.10$7.27190,09412/31/2014-2.28-5.4
Time Warner Cable IncTWC2/13/2014$157.35$149.01807,82212/31/20145.613.26
Foster Wheeler AGFWLT2/13/2014$33.92$33.36777,43212/31/20141.663.94
TriQuint SemiconductorTQNT2/24/2014$18.29$18.154,729,21712/31/20140.781.84
Safeway IncSWY3/6/2014$36.15$34.79930,76112/31/20143.919.27
OmniAmerican Bancorp, IncOABC4/29/2014$26.76$24.98163,70612/31/20147.1316.89
Orbital Sciences CorpORB4/29/2014$58.09$25.99440,42812/31/2014123.52292.75
PokerTek, IncPTEK4/30/2014$1.35$1.3343,91512/31/20141.53.56
American Realty Capital Healthcare Trust, IncHCT6/2/2014$10.94$10.881,973,17612/31/20140.61.42
LSB Financial CorpLSBI6/4/2014$30.93$40.7774912/31/2014-24.15-57.23
TF Financial CorpTHRD6/4/2014$43.76$42.615612/31/20142.76.4
TW Telecom IncTWTC6/16/2014$41.44$41.09695,97612/31/20140.842
Covidien plcCOV6/16/2014$95.19$87.104,478,71412/31/20149.2922.01
Measurement Specialties, IncMEAS6/18/2014$86.00$85.98120,41312/31/20140.020.06
Shire PLC (ADR)SHPG7/18/2014$270.03$251.811,071,34012/31/20147.2417.15
Medical Action IndustriesMDCI6/25/2014$13.80$13.8156,66712/31/2014-0.07-0.17
Auxilium Pharmaceuticals, IncAUXL6/26/2014$17.44$18.421,441,79512/31/2014-5.34-12.67
Enventis CorporationENVE6/30/2014$15.71$15.5518,02712/31/20141.062.51
Kodiak Oil & Gas CorpKOG7/14/2014$15.45$15.672,823,10112/31/2014-1.42-3.38
Intermountain Community BancorpIMCB7/23/2014$18.80$18.1044512/31/20143.889.18
Protective Life CorpPL6/3/2014$70.00$69.40751,9741/31/20150.861.71
QR Energy LPQRE7/24/2014$21.63$20.821,672,2171/31/20153.917.71
Linedata Services SALIN3/21/2014$31.84$26.6174,8563/31/201519.6529.4
Rockwood Holdings, IncROC7/15/2014$83.48$82.861,314,6753/31/20150.751.13
Franklin Financial CorpFRNK7/15/2014$20.64$19.7822,2053/31/20154.336.47
Trulia IncTRLA7/28/2014$71.18$65.0415,683,1313/31/20159.4414.13
Family Dollar Stores, IncFDO7/28/2014$74.50$75.7435,439,4483/31/2015-1.64-2.45
Integrys Energy Group, IncTEG6/23/2014$70.04$69.98262,9636/30/20150.080.09
Lorillard IncLO7/15/2014$67.03$60.592,006,0806/30/201510.6311.58
International Game TechnologyIGT7/15/2014$18.75$17.163,029,5816/30/20159.2710.1
Pepco Holdings, IncPOM4/30/2014$27.25$27.551,168,4868/15/2015-1.09-1.04

31 July 2014 - Merger added today is GFIG (GFI Group Inc)

One new merger acquisitions added today:
  • GFIG: GFI Group Inc
Acquisition of GFI Group Inc. by CME Group Inc. May Not Be in Shareholders' Best Interests

30 July 2014 - Merger added today is TRLA (Trulia Inc)

One new merger acquisitions added today:
  • TRLA: Trulia Inc
Trulia Inc. (TRLA) Rose To Another New High After Merger Agreement