Merger Arbitrage Mondays – September 26, 2011

Merger activity decreased last week with two new deals announced and one closing.

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

Deal Statistics:

Total Number of Deals Closed in 2011	153
Total Number of Deals Not Completed in 2011	2
Total Number of Pending Deals
Cash Deals	34
Stock Deals	22
Stock & Cash Deals	8
Total Number of Pending Deals	64

New Deals:

The acquisition of Goodrich Corporation (GR) by United Technologies (UTX) for $18.4 billion or $127.50 per share in cash.
The acquisition of American Medical Alert Corp. (AMAC) by Tunstall Healthcare Group Limited for $82.3 million or $8.55 per share in cash.

Deal Updates:

On September 23, 2011, Transatalntic Holdings (TRH) entered into a confidentiality agreement with Validus Holdings (VR).

Closed Deals:

Top 10 deals with largest spreads:

Symbol	Announced Date	Acquiring Company	Closing Price	Last Price	Closing Date	Profit	Annualized Profit
GRAN	04/27/2011	FNB United Corp (FNBN)	$1.38	$0.701	09/30/2011	97.40%	8887.44%
AATI	05/26/2011	Skyworks Solutions, Inc. (SWKS)	$5.50	$4.16	09/30/2011	32.32%	2948.95%
MHS	07/21/2011	Express Scripts, Inc. (ESRX)	$60.16	$47.93	06/30/2012	25.51%	33.49%
HRBN	06/20/2011	Tech Full Electric Company Limited (N/A)	$24.00	$19.90	12/31/2011	20.60%	78.33%
TAM	01/19/2011	LAN Airlines S.A. (LFL)	$21.25	$18.37	12/31/2011	15.67%	59.59%
ABVA	07/27/2011	Eagle Bancorp, Inc. (EGBN)	$5.21	$4.89	12/31/2011	6.64%	25.26%
LOOP	04/27/2011	CoStar Group (CSGP)	$18.39	$17.29	12/31/2011	6.34%	24.11%
NXG	08/29/2011	AuRico Gold Inc. (AUQ)	$3.51	$3.30	10/31/2011	6.29%	65.62%
ORCH	04/06/2011	Laboratory Corporation of America Holdings (LH)	$2.80	$2.64	07/31/2011	6.06%	-38.81%
MMI	08/15/2011	Google (GOOG)	$40.00	$37.90	01/31/2012	5.54%	15.92%

List of all pending deals:

The list of all pending deals is only available to InsideArbitrage Premium and Plus members.

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