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.

Tuesday 16 September 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$16.37$23.541,0724/25/2014-30.470
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
Tower Group IncTWGP1/6/2014$2.50$2.231,363,4289/15/201412.110
OBA Financial Services IncOBAF4/8/2014$22.74$22.692,2109/19/20140.2428.62
Charm Communications Inc (ADR)CHRM5/19/2014$4.70$4.625,8889/30/20141.7345.15
Exceed Co LtdEDS12/2/2013$1.78$1.7046,7659/30/20144.71122.69
Overland Storage, IncOVRL5/16/2014$3.52$3.2868,1709/30/20147.41193.23
Chindex International, IncCHDX2/18/2014$24.00$23.8838,8369/30/20140.513.1
Montage Technology Group LimitedMONT6/11/2014$22.60$20.85464,5629/30/20148.39218.82
FedFirst Financial CorporationFFCO4/14/2014$22.72$21.904989/30/20143.7397.19
SP Bancorp, IncSPBC5/5/2014$29.55$29.017,8259/30/20141.8648.53
Aeroflex Holding CorpARX5/20/2014$10.50$10.50406,7409/30/201400
OpenTable IncOPEN6/13/2014$103.00$102.953,651,5719/30/20140.051.27
North Valley BancorpNOVB1/21/2014$22.65$22.406,41010/3/20141.1123.83
First Financial Service CorpFFKY4/22/2014$3.99$3.853,70510/30/20143.7230.88
1st United Bancorp IncFUBC5/8/2014$8.91$8.8283,93210/31/20141.018.18
URS CorpURS7/14/2014$60.28$60.27279,30010/31/20140.020.17
LSB Financial CorpLSBI6/4/2014$31.04$41.569,38911/1/2014-25.31-200.87
Hudson City Bancorp, IncHCBK8/27/2012$10.58$10.132,374,97912/31/20144.4715.39
Compuware CorporationCPWR9/2/2014$10.92$10.655,985,37112/31/20142.548.73
SWS Group, IncSWS4/1/2014$7.08$7.17194,87512/31/2014-1.3-4.48
Foster Wheeler AGFWLT2/13/2014$32.02$31.59184,44012/31/20141.354.65
TriQuint SemiconductorTQNT2/24/2014$20.33$20.182,260,87212/31/20140.772.64
Safeway IncSWY3/6/2014$36.15$34.501,166,92312/31/20144.7816.47
OmniAmerican Bancorp, IncOABC4/29/2014$27.62$25.4413,22112/31/20148.5629.46
Orbital Sciences CorpORB4/29/2014$59.44$28.43407,93412/31/2014109.09375.63
PokerTek, IncPTEK4/30/2014$1.35$1.312,31512/31/20143.0510.51
American Realty Capital Healthcare Trust, IncHCT6/2/2014$10.33$10.405,825,66412/31/2014-0.68-2.36
TF Financial CorpTHRD6/4/2014$43.42$42.7014,04712/31/20141.75.84
TW Telecom IncTWTC6/16/2014$41.26$40.951,754,74412/31/20140.762.62
Covidien plcCOV6/16/2014$97.51$90.672,052,81312/31/20147.5525.98
Measurement Specialties, IncMEAS6/18/2014$86.00$85.80229,56112/31/20140.230.8
Shire PLC (ADR)SHPG7/18/2014$281.16$257.661,111,22512/31/20149.1231.41
Medical Action IndustriesMDCI6/25/2014$13.80$13.7930,59012/31/20140.070.25
Auxilium Pharmaceuticals, IncAUXL6/26/2014$20.16$22.481,068,52912/31/2014-10.3-35.48
Enventis CorporationENVE6/30/2014$18.42$17.8237,17512/31/20143.3911.66
Kodiak Oil & Gas CorpKOG7/14/2014$14.78$14.642,848,12312/31/20140.993.41
Intermountain Community BancorpIMCB7/23/2014$19.41$19.631,02112/31/2014-1.11-3.83
Pike Electric CorporationPIKE8/4/2014$12.00$11.96110,02412/31/20140.331.15
Kinder Morgan Energy Partners LPKMP8/11/2014$93.58$91.981,931,82812/31/20141.746
Kinder Morgan Management, LLCKMR8/11/2014$93.83$92.42740,76012/31/20141.535.25
El Paso Pipeline Partners, LPEPB8/11/2014$40.34$39.491,896,76912/31/20142.147.39
InterMune, IncITMN8/25/2014$74.00$73.782,735,23412/31/20140.31.03
Cobra Electronics CorporationCOBR8/28/2014$4.30$4.2930,46612/31/20140.230.8
XRS CorpXRSC9/2/2014$5.60$0.00012/31/201400
Bolt Technology CorpBOLT9/3/2014$22.00$21.9573,80712/31/20140.230.78
Annies IncBNNY9/8/2014$46.00$46.001,073,97812/31/201400
Taminco CorpTAM9/11/2014$26.00$26.533,225,57612/31/2014-2-6.88
Conversant IncCNVR9/11/2014$35.00$34.8014,001,36712/31/20140.571.98
Protective Life CorpPL6/3/2014$70.00$69.60441,9971/31/20150.571.53
International Rectifier CorporationIRF8/20/2014$40.00$39.661,300,1841/31/20150.862.28
QR Energy LPQRE7/24/2014$21.41$20.63310,0161/31/20153.7710.04
Fortegra Financial CorpFRF8/12/2014$10.00$9.88120,0191/31/20151.213.24
Peregrine Semiconductor CorpPSMI8/22/2014$12.50$12.39286,9461/31/20150.892.37
Multimedia Games Holding Company IncMGAM9/8/2014$36.50$36.84607,2091/31/2015-0.92-2.46
Linedata Services SALIN3/21/2014$22.12$23.37126,1173/31/2015-5.37-10
Rockwood Holdings, IncROC7/15/2014$81.29$81.11620,0253/31/20150.220.41
Franklin Financial CorpFRNK7/15/2014$19.98$19.5827,9593/31/20152.033.79
Trulia IncTRLA7/28/2014$56.80$54.191,241,0683/31/20154.818.96
Family Dollar Stores, IncFDO7/28/2014$74.50$78.491,996,1233/31/2015-5.08-9.47
GFI Group IncGFIG7/30/2014$4.55$6.022,117,4383/31/2015-24.42-45.47
Intervest Bancshares CorpIBCA7/31/2014$10.37$9.57324,8703/31/20158.3615.57
Bally Technologies IncBYI8/1/2014$83.30$80.26663,0493/31/20153.797.05
NB&T Financial Group, IncNBTF8/4/2014$30.41$30.0011,2483/31/20151.382.57
Peoples Federal Bancshares, IncPEOP8/5/2014$20.81$20.436,3473/31/20151.843.42
The Bank of Kentucky Financial CorpBKYF9/8/2014$48.04$47.2145,2823/31/20151.763.28
Colonial Financial Services, IncCOBK9/10/2014$13.22$13.3037,2173/31/2015-0.63-1.17
DirectTVDTV5/19/2014$95.00$86.852,078,8984/30/20159.3815.16
Time Warner Cable IncTWC2/13/2014$164.10$154.311,324,8246/30/20156.358.07
Integrys Energy Group, IncTEG6/23/2014$68.34$66.59206,4316/30/20152.623.33
Lorillard IncLO7/15/2014$67.20$59.081,031,5576/30/201513.7417.47
International Game TechnologyIGT7/15/2014$18.75$16.891,413,6926/30/201511.0114.01
Pepco Holdings, IncPOM4/30/2014$27.25$27.101,203,9038/15/20150.550.61

15 September 2014 - Mergers added today TAM (Taminco Corp) and CNVR (Conversant Inc)

12 September 2014 - Merger added today is COBK (Colonial Financial Services, Inc)

One new merger acquisitions added today:
  • COBK: Colonial Financial Services, Inc
Cape Bancorp To Buy Colonial Financial