| Arbitrage opportunities in pending merger deals in the U.S. market | Thursday, January 24, 2008 | ||||||||||
| Ticker | TARGET | Ticker | ACQUIRER | Merger Value | Current Price | Arbitrage Profit | Annualized Yield | Expected Closing Date | Press Release | Chart | |
| TMY | Transmeridian Exploration | ---- | Private Equity | 3.00 | 1.32 | 127.27% | 294.02% | 6/30/2008 | Link | ||
| MYE | Myers Inds Inc | GS | GS Capital Partners | 22.50 | 11.33 | 98.59% | 370.97% | 4/30/2008 | Link | ||
| CMLS | Cumulus Media | ---- | L. Dickey | 11.75 | 5.98 | 96.49% | 1600.83% | 2/15/2008 | Link | ||
| GCO | Genesco | FINL | Finish Line | 54.50 | 30.00 | 81.67% | NA | Link | |||
| RSTO | Restoration Hardware | ---- | Catterton Partners | 6.70 | 3.74 | 79.14% | 182.83% | 6/30/2008 | Link | ||
| CVC | Cablevision System | ---- | Private Equity | 36.26 | 21.52 | 68.49% | NA | Link | |||
| PINN | Pinnacle Gas Resources | QRCP | Quest Resource Corp. | 7.12 | 4.38 | 62.56% | 144.51% | 6/30/2008 | Link | ||
| TRFX | Traffix | NWMO.OB | New Motion | 8.16 | 5.06 | 61.30% | 141.61% | 6/30/2008 | Link | ||
| LEA | Lear Corporation | ---- | American Real Estate Partners, L.P. | 36.00 | 24.82 | 45.04% | NA | 6/30/2007 | Link | ||
| GMST | Gemstar-TV Guide International | MVSN | Macrovision | 6.35 | 4.46 | 42.38% | 97.90% | 6/30/2008 | Link | ||
| PVFC | PVF Capital Corp | UCFC | United Community Financial Corp | 14.44 | 10.20 | 41.62% | NA | 12/31/2007 | Link | ||
| FRZ | Reddy Ice Holdings | ---- | G-S-O Capital Partners | 31.25 | 23.07 | 35.46% | NA | Link | |||
| COMS | 3Com Corp | ---- | Bain Capital Partners | 5.30 | 4.09 | 29.58% | 163.61% | 3/30/2008 | Link | ||
| DVW | Covad Communications Group | ---- | Platinum Equity | 1.02 | 0.82 | 24.42% | 56.41% | 6/30/2008 | Link | ||
| CFC | Countrywide Financial | BAC | Bank of America | 7.31 | 5.95 | 22.93% | 44.52% | 7/30/2008 | Link | ||
| ADS | Alliance Data Sys Cp | ---- | Private Equity | 81.75 | 67.17 | 21.71% | NA | Link | |||
| TONE | Tierone Finl Cp | CSE | CapitalSource | 23.33 | 19.20 | 21.54% | NA | 11/30/2007 | Link | ||
| XMSR | XM Satellite Radio | SIRI | SIRIUS Satellite Radio | 13.71 | 11.37 | 20.56% | NA | 12/30/2007 | Link | Chart | |
| ILA | Aquila, Inc. | GXP | Great Plains Energy Incorporated | 4.12 | 3.43 | 20.08% | NA | 6/30/2007 | Link | ||
| PENN | Penn National Gaming | FIG | Fortress Investment Grp. | 67.00 | 56.20 | 19.22% | 49.05% | 6/15/2008 | Link | ||
| CNCP | Carolina National Corp. | FNSC | First National Bancshares | 19.82 | 17.00 | 16.60% | 90.41% | 3/31/2008 | Link | ||
| HUN | Huntsman | ---- | Apollo Management | 28.00 | 24.06 | 16.38% | NA | Link | |||
| PSD | Puget Energy | ---- | Macquarie Infrastructure Partners | 30.00 | 25.84 | 16.10% | 37.19% | 6/30/2008 | Link | ||
| GRP | Grant Prideco | NOV | National Oilwell Varco | 58.00 | 49.98 | 16.05% | 37.07% | 6/30/2008 | Link | ||
| CCU | Clear Channel Communications Inc. | ---- | Bain Capital Partners, LLC | 39.00 | 33.72 | 15.66% | NA | 6/1/2007 | Link | ||
| FCTR | First Charter Corp | FITB | Fifth Third Bancorp | 31.00 | 26.96 | 14.99% | 81.64% | 3/31/2008 | Link | ||
| SLFI | Sterling Finanial Corp. | PNC | PNC Financial Services Group | 17.02 | 15.05 | 13.12% | 129.43% | 3/1/2008 | Link | ||
| MEH | Midwest Air Group | ---- | TPG Capital, L.P. | 17.00 | 15.17 | 12.06% | NA | 12/31/2007 | Link | ||
| IRW | IBT Bancorp | STBA | S&T Bancorp | 31.00 | 28.10 | 10.32% | 23.84% | 6/30/2008 | Link | ||
| BFAM | Bright Horizons Family Solutions Inc | ---- | Bain Capital | 48.25 | 43.82 | 10.11% | 23.35% | 6/30/2008 | Link | ||
| RTSX | Radiation Therapy Services | ---- | Vestar Capital Partners | 32.50 | 29.59 | 9.83% | 22.72% | 6/30/2008 | Link | ||
| DRA | Coinmach Service Corp. | ---- | Babcock & Brown | 13.55 | 12.48 | 8.57% | NA | Link | |||
| PFGC | Performance Food Group | BX | Blackstone Group | 34.50 | 31.78 | 8.56% | 19.77% | 6/30/2008 | Link | ||
| SKP | SCPIE Holdings | ---- | The Doctors Company | 28.00 | 25.83 | 8.40% | 19.41% | 6/30/2008 | Link | ||
| CSNC | Cardinal State Bank | YAVY | Yadkin Valley Financial | 16.18 | 15.00 | 7.86% | NA | 10/15/2007 | Link | ||
| TT | Trane Inc. | IR | Ingersoll-Rand Co | 47.81 | 44.40 | 7.68% | 17.74% | 6/30/2008 | Link | ||
| NOVB | North Valley Bncp | STSA | Sterling Financial Corp | 13.85 | 12.89 | 7.42% | NA | 9/15/2007 | Link | ||
| WWIN | Waste Industries USA | ---- | Private Group | 38.00 | 35.62 | 6.68% | 15.44% | 6/30/2008 | Link | ||
| NVT | Navteq | NOK | Nokia | 78.00 | 73.84 | 5.63% | 31.16% | 3/30/2008 | Link | ||
| BEAS | BEA Systems | ORCL | Oracle | 19.38 | 18.47 | 4.90% | 11.32% | 6/30/2008 | Link | ||
| ALAB | Alabama National Bancorp | RY | RBC Centura Banks | 80.00 | 76.27 | 4.89% | 81.14% | 2/15/2008 | Link | ||
| FNBP | FNB Corp | VFGI | Virginia Financial Group | 25.00 | 24.02 | 4.06% | NA | 12/31/2007 | Link | ||
| GGL | Goodman Global | ---- | Hellman & Friedman | 25.60 | 24.69 | 3.71% | 8.56% | 6/30/2008 | Link | ||
| PCBI | Peoples Community Bancorp | IBNK | Integra Bank | 14.31 | 13.82 | 3.54% | 19.57% | 3/30/2008 | Link | ||
| AMCP | AmCOMP Inc | EIG | Employers Holdings | 12.50 | 12.09 | 3.39% | 7.83% | 6/30/2008 | Link | ||
| MNG | Miramar Mining Corp | NEM | Newmont Mining Corp | 6.36 | 6.17 | 3.08% | 7.11% | 6/30/2008 | Link | ||
| ECHO | Electronic Clearing House | INTU | Intuit Inc. | 17.00 | 16.61 | 2.35% | 5.42% | 6/30/2008 | Link | ||
| MTCT | MTC Technologies | ---- | BAE Systems | 24.00 | 23.45 | 2.35% | 5.42% | 6/30/2008 | Link | ||
| EZEM | E-Z-EM Inc | ---- | Bracco Diagnostics | 21.00 | 20.56 | 2.14% | 4.94% | 6/30/2008 | Link | ||
| UAPH | UAP Holding | AGU | Agrium Inc. | 39.00 | 38.24 | 1.99% | 4.59% | 6/30/2008 | Link | ||
| RCCC | Rural Cellular Corp | VZ | Verizon Communications | 45.00 | 44.20 | 1.81% | 4.18% | 6/30/2008 | Link | ||
| MWP | MarkWest Hydrocarbon | MWE | MarkWest Energy Partners | 63.30 | 62.26 | 1.68% | 87.48% | 1/31/2008 | Link | ||
| DOCX | Document Sciences Corp | EMC | EMC Corp. | 14.75 | 14.52 | 1.58% | 3.66% | 6/30/2008 | Link | ||
| LCBM | Lifecore Biomedical | ---- | Warburg Pincus | 17.00 | 16.75 | 1.49% | 8.25% | 3/30/2008 | Link | ||
| TPC | SunCom Wireless Holdings | DT | T-Mobile USA | 27.00 | 26.64 | 1.35% | 3.12% | 6/30/2008 | Link | ||
| ASVI | A.S.V. Inc. | TEX | Terex Corp. | 18.00 | 17.78 | 1.24% | 6.84% | 3/30/2008 | Link | ||
| SIE | Sierra Health Services, Inc. | UNH | UnitedHealth Group | 43.50 | 43.00 | 1.16% | NA | 12/31/2007 | Link | ||
| RESP | Respironics | PHG | Royal Philips Electronics | 66.00 | 65.30 | 1.07% | 2.48% | 6/30/2008 | Link | ||
| COGN | Cognos | IBM | International Business Machines | 58.00 | 57.42 | 1.01% | 2.33% | 6/30/2008 | Link | ||
| KNBT | KNBT Bancorp | NPBC | National Penn Bancshares | 16.91 | 16.78 | 0.79% | 4.30% | 3/31/2008 | Link | ||
| HET | Harrah's Entertaiment Inc. | ---- | Apollo Management, L.P | 90.00 | 89.33 | 0.75% | NA | 12/20/2007 | Link | Chart | |
| BDY | Bradley Pharmaceuticals | ---- | Nycomed | 20.00 | 19.88 | 0.60% | 1.39% | 6/30/2008 | Link | ||
| VMSI | Ventana Medical Systems | ---- | Roche Holding AG | 89.50 | 88.99 | 0.57% | 1.32% | 6/30/2008 | Link | ||
| VLG | Valley National Gases, Inc. | ---- | Caxton-Iseman Capital | 27.00 | 26.87 | 0.48% | NA | 3/31/2007 | Link | ||
| IOX | Iomed Inc | ---- | Private Equity | 2.75 | 2.74 | 0.36% | NA | Link | |||
| BRR | ACR Group | WSO | Watsco | 6.75 | 6.73 | 0.30% | NA | Link | |||
| INFT | Inforte Corp | ---- | Private Equity | 4.25 | 4.24 | 0.24% | NA | Link | |||
| GLK | Great lakes Bancorp | FNFG | First Niagara Fin'l Group | 12.72 | 12.69 | 0.23% | 1.30% | 3/30/2008 | Link | ||
| NEXT | Nextest Systems | TER | Teradyne | 20.00 | 19.99 | 0.05% | 0.12% | 6/30/2008 | Link | ||
| SRR | Stride Rite Cp | PSS | Payless ShoeSource | 20.50 | 20.49 | 0.05% | NA | Link | |||
| ARXT | Adams Respiratory Therapeutics | ---- | Reckitt Benckiser Group | 60.00 | 59.99 | 0.02% | 0.04% | 6/30/2008 | Link | ||
| GNSS | Genesis Microchip | STM | STMicroelectronics | 8.65 | 8.65 | 0.00% | 0.00% | 6/30/2008 | Link | ||
| LMS | Lamson & Sessions | TNB | Thomas & Betts Corporation | 27.30 | 27.30 | 0.00% | NA | 12/31/2007 | Link | ||
| USIH | USI Holdings Corporation | GS | GS Capital Partners | 17.00 | 17.00 | 0.00% | NA | 6/30/2007 | Link | ||
| TEK | Tektronix | DHR | Danaher | 38.00 | 38.00 | 0.00% | 0.00% | 6/30/2008 | Link | ||
| PLTE | Claymont Steel Holdings | ---- | Evraz Group SA | 23.50 | 23.51 | -0.04% | NA | 6/30/2008 | Link | ||
| GLYT | Genlyte | ---- | Philips | 95.50 | 95.58 | -0.08% | NA | 6/30/2008 | Link | ||
| GCGC | Golden Cycle Gold Corp | AU | AngloGold Ashanti | 12.95 | 12.99 | -0.34% | NA | 7/30/2008 | Link | ||
| OSKY | MidWestOne Financial Group | ISBO.PK | ISB Financial | 16.53 | 16.79 | -1.55% | NA | 3/30/2008 | Link | ||
| FMSB | First Mutual Bancshares | WFSL | Washington Federal | 27.05 | 28.70 | -5.75% | NA | Link | |||
| ABN | Abn Amro Hldg Nv Ads | BCS | Barclay's PLC | 49.25 | 55.07 | -10.57% | NA | Link | |||
| NX | Quanex Corp. | GGB | Gerdau SA | 39.20 | 49.84 | -21.35% | NA | 6/30/2008 | Link | ||
Keller Williams - Greenville, NC
Love Restoration Hardware. Wonder how they will be impacted. Stride Right to PayLess ?!? That is sad :(
Jan 24, 2008 02:33 AM
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!
Do we want Verizon to go Rural?! I hope you're doing well and having a great start to the new year.
My husband is a 24-hour a day market-watcher (when the US closes, he switches to foreign markets)! The past two days have been absolutely crazy! I am a long-termer and don't put as much time into the market as I should--taking the attitude that I'll deal with it when I need to! Fact is, we really do NEED to keep up with it!
Some of these mergers are bizarre--we'll see if they come to fruition! Have a great week Paige!
Jan 24, 2008 03:51 AM
Rainmaker
171,790
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