Merger Arbitrage Mondays – January 31, 2011

Merger activity increased last week with four new deals announced and two deasl closing.

You can find all the deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours.

Deal Statistics:

New Deals:

1. The acquisition of Genoptix, Inc. (GXDX) by Novartis AG (NVS) for $25 per share in cash.
2. The acquisition of Abington Bancorp Inc. (ABBC) by Susquehanna Bancshares, Inc. (SUSQ). Under terms of the agreement, Abington shareholders will receive 1.32 shares of Susquehanna common stock for each share of Abington common stock on the completion of merger.
3. The acquisition of Terremark Worldwide, Inc. (TMRK) by Verizon Communications Inc. (VZ) for $19 per share in cash.

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