Expected to close in the second quarter of 2012. Upon completion of the merger, China Advanced Construction Materials Group shareholders will receive $2.65 per share in cash.

Essentially this is a going private transaction with CADC emerging as the surviving entity.

Expected to close in the fourth quarter of 2012 for a closing value of $24.4 million in an all stock deal. Under the terms of the agreement, shareholders of Alliance Bankshares Corporation will receive, at their election, either 0.4435 shares of WFBI common stock or cash in the amount of $5.30 for each share of Alliance common stock owned, provided that no more than 20% of the Alliance common shares may elect to receive cash.

Venoco (VQ) agrees to a going private transaction where its CEO, who owns 50.3% of its common stock, bid $1.5 billion or $12.50/share in an all cash transaction.

Update(s)

June 12, 2012: Venoco extends financing date in go-private agreement to July 20, 2012

Expected to close in the third quarter of 2012 for a closing value of $369 million. Upon completion of the merger, shareholders of Talbots will receive $2.75 per share in cash.

Expected to close before the end of the third quarter of 2012. Upon completion of the merger, shareholders of Gushan Environmental Energy Limited will receive US$0.162 (orUS$1.62 per ADS) in cash without interest, except for the ordinary shares (including ordinary shares represented by ADSs).

Expected to close in the third quarter of 2012 for a closing value of $1 billion in a cash plus stock deal. Under the terms of the merger agreement, GeoResources stockholders will receive $20.00 in cash and 1.932 shares of Halcón Resources common stock for each share of GeoResources common stock that they hold.

Expected to close for a closing value of $340.9 million. Upon completion of the merger, shareholders of SureWest Communications will receive $23.00 per share in cash or shares of Consolidated common stock having an equivalent value based on average trading prices for the 20-day period ending two days before the closing of the acquisition, subject to a collar. Overall elections are subject to proration such that 50 percent of the SureWest shares will be exchanged for cash and 50 percent for stock.

Expected to close in the third quarter of 2012 for a closing value of $146.6 million. Upon completion of the merger, shareholders of China TransInfo Technology will receive $5.80 per share in cash.

Expected to close in the second quarter of 2012 for a closing value of $79.2 million in an all stock deal, where Indiana Community Bancorp shareholders will receive 1.90 shares of Old National Bancorp common stock for each share of Indiana Community Bancorp common stock held by them.

Expected to close in the second quarter of 2012. Upon completion of the merger, shareholders of Southern Community Financial Corp will receive $2.88 per share in cash.

Expected to close in the third quarter of 2012. Upon completion of the merger, shareholders of Pansoft Company Limited will receive $4.15 per share in cash.

Expected to close in the first half of 2012 in an all stock deal, where shareholders of Bluegreen Corporation will be entitled to receive eight shares of BFC’s Class A Common Stock for each share of Bluegreen’s Common Stock they hold at the effective time of the merger.

Expected to close in the fourth quarter of 2012 for a closing value of $54.8 million. Upon completion of the merger, shareholders of Central Bancorp will receive $32.00 per share in cash.

According to the press release, “Under the terms of the agreement, 60% of outstanding Central Bancorp., Inc. shares will be exchanged for shares of Independent Bank Corp., at an exchange ratio subject to limited adjustment, and 40% of outstanding Central Bancorp., Inc. shares will be purchased for $32.00 per share in cash.” Since the exchange ratio is subject to adjustment, we are going to treat this as an all cash deal in our arbitrage tool.

Expected to close in the fourth quarter of 2012. Upon completion of the merger, shareholders of BIDZ.com will receive $0.78 per share in cash.

Expected to close in the fourth quarter of 2012 in an all stock deal. Under the terms of the agreement, stockholders of VTRA (other than VRTB) will receive a fixed ratio of 0.82 share of VRTB common stock for each share of VRTA common stock they own.

Expected to close in the third quarter of 2012 for a closing value of approximately $1 billion. Upon completion of the merger, ADR holders of Tudou Holdings will receive 1.595 ADRs of YOKU.

Expected to close by the end of the year for a closing value of $91 million in an all stock deal, where shareholders of New England Bancshares will receive 0.9575 of a share of United Financial Bancorp common stock.

Expected to close in the fourth quarter of 2012 for a closing value of $55.4 million in an all stock deal. Upon completion of the merger, shareholders of BancTrust Financial Group will receive 0.125 shares of Trustmark common stock for each share of BancTrust common stock in a tax-free exchange.

Expected to close for a closing value of $414 million in a cash plus stock deal. Under the terms of the agreement, each Extorre shareholder will receive in exchange for each Extorre share held, $3.50 in cash and 0.0467 of a common share of Yamana. The special meeting for Extorre shareholders to approve the Arrangement is expected to occur on or about August 15, 2012.

Expected to close in the second quarter of 2012 in an all stock deal for $177 million, where shareholders of Opnext will receive 0.42 shares of Oclaro common stock for every share of Opnext common stock they own.

Expected to close in the second half of 2012 for a closing value of $11.46 billion in a cash plus stock deal. Upon completion of the merger, shareholders of Cooper Industries will receive $39.15 in cash and 0.77479 shares of the newly created company.

Expected to close in the third quarter of 2012 for a closing value of $42 million. Upon completion of the merger, shareholders of Network Equipment Technologies will receive $1.35 per share in cash.

Expected to close in the third quarter of 2012 for a closing value of $258 million. Upon completion of the merger, shareholders of The Edelman Financial Group will receive $8.85 per share in cash.

Expected to close late in the third quarter or early in the fourth quarter of 2012 for a closing value of $2 billion. Upon completion of the merger, shareholders of Collective Brands will receive $21.75 per share in cash.

Expected to close in NEI’s fiscal 2012 fourth quarter, the period ending September 30, 2012 for a closing value of $63.2 million. Upon completion of the merger, shareholders of Network Engines will receive $1.45 per share in cash.

Expected to close in the fall for a closing value of $275 million. Upon completion of the merger, shareholders of Sun Healthcare Group will receive $8.50 per share in cash.

Expected to cloes by mid-November 2012 for a closing value of $169.5 million. Upon completion of the merger, shareholders of IntegraMed America will receive $14.05 per share in cash.

Expected to close in the third or fouth quarter of 2012 for a closing value of $5.3 billion in a cash plus stock deal. Under the terms of the transaction, shareholders of Sunoco can either receive $50 in cash, 1.0490 ETP common unit or a combination of $25 in cash and 0.5245 ETP common units for each Sunoco share.

Expected to close in the third quarter of 2012 for a closing value of $33.1 million. Upon completion of the merger, shareholders of Tii Network Technologies will receive $2.15 per share in cash.

Expected to close in the second calendar quarter of 2012 for a closing value of $330 million in a cash plus stock deal. Upon completion of the merger, shareholders of PLX Technology will receive $3.50 in cash and 0.525 shares of IDT common stock for each PLX common share outstanding.

Expected to close in the fourth quarter of 2012 for a closing value of $77.8 million. Upon completion of the merger, shareholders of Citizens South Banking Corporation will have the right to receive either $7.00 in cash or 1.4799 Park Sterling shares for each Citizens South share they hold, subject to the limitation that the total consideration will consist of 30.0% in cash and 70.0% in Park Sterling shares.

Expected to close in the third quarter of 2012 for a closing value of $245 million. Upon completion of the merger, shareholders of Kenneth Cole Productions will receive $15.25 per share in cash.

Expected to close in the third calendar quarter of 2012 for a closing value of $19.6 million. Upon completion of the merger, shareholders of RF Monolithics will receive $1.78 per share in cash.

Expected to close in the second half of 2012 for a closing value of $296 million. Upon completion of the merger, shareholders of Benihana will receive $16.30 per share in cash.

Expected to close in the second quarter of 2012 for a closing value of $206 million. Upon completion of the merger, shareholders of Allos Therapeutics will receive $1.82 per share in cash plus one Contingent Value Right (CVR). This CVR entitles Allos stockholders to an additional payment of $0.11 per share in cash if certain European regulatory approval and commercialization milestones for FOLOTYN are achieved.

Expected to close in the second half of calendar year 2012 for a closing value of $3.7 billion. Upon completion of the merger, shareholders of Gen-Probe will receive $82.75 per share in cash.

Expected to close in the third quarter of 2012 for a closing value of $70.5 million. Upon completion of the merger, shareholders of EDGAR Online will receive $1.092 per share in cash.

Expected to close within Mercury’s fiscal 2013 first quarter ending September 30, 2012 for a closing value of $75.4 million. Upon completion of the merger, shareholders of Micronetics will receive $14.80 per share in cash.

Expected to close in the third calendar quarter of 2012 for a closing value of $939 million. Upon completion of the merger, shareholders of Standard Microsystems Corporation will receive $37.00 per share in cash.

Expected to close in the fourth quarter of 2012 for a closing value of $1.51 billion. Upon completion of the merger, shareholders of Pacific Capital Bancorp will receive $46.00 per share in cash.

Expected to close by the end of the third quarter of 2012 for a closing value of $1.1 billion. Upon completion of the merger, shareholders of Interline Brands will receive $25.50 per share in cash.

Expected to close in the third quarter of 2012 for a closing value of $96.5 million. Upon completion of the merger, shareholders of Golfsmith International will receive $6.10 per share in cash.

Expected to close in the third quarter of 2012 for a closing value of $4.3 billion. Upon completion of the merger, shareholders of Ariba will receive $45.00 per share in cash.

Expected to close in mid-2012 for a closing value of $18.4 billion. Upon completion of the merger, shareholders of Goodrich Corporation will receive $127.50 per share in cash.

Update(s):

June 15, 2012: China granted conditional approval to U.S. conglomerate United Technologies Corp’s $16.5 billion takeover of aircraft parts maker Goodrich Corp.

Expected to close in the third quarter of 2012 for a closing value of approximately $400 million. Upon completion of the merger, shareholders of eResearch Technology will receive $8.00 per share in cash.

Expected to close in July 2012. Progress Energy’s shareholders will receive 2.6125 shares of common stock of Duke Energy in exchange for each share of Progress Energy common stock. Based on Duke Energy’s closing share price on Jan. 7, 2011, Progress Energy shareholders would receive a value of $46.48 per share, or $13.7 billion in total equity value.

Expected to close by the end of July, 2012 for a closing value of CAD$240 million. Upon completion of the merger, shareholders of CE Franklin will receive CAD$12.75 per share in cash.

Expected to close in the third quarter of 2012 for a closing value of $241 million. Upon completion of the merger, shareholders of MEDTOX Scientific will receive $27.00 per share in cash.

Expected to close in the second half of 2012 for a closing value of $146 million. Upon completion of the merger, shareholders of Credo Petroleum will receive $14.50 per share in cash.

Expected to close in the second half of 2012 for a closing value of $4.4 billion in a cash plus stock deal. Upon completion of the merger, shareholders of Catalyst Health Solutions will receive $28.00 in cash and 0.6606 shares of SXC stock for each Catalyst share.

Expected to close in the third quarter of 2012 for a closing value of $1.5 billion. Upon completion of the merger, shareholders of Knology will receive $19.75 per share in cash.

Expected to close in the third quarter for a closing value of $1.09 billion. Upon completion of the merger, shareholders of P.F. Chang’s China Bistro will receive $51.5 per share in cash.

Expected to close in the third quarter of 2012 for a closing value of $291 million. Upon completion of the merger, shareholders of LeCroy will receive $14.30 per share in cash.

Expected to close in mid-2012 for a closing value of $4.7 billion in a cash plust stock deal, where Solutia stockholders will receive $22.00 in cash and 0.12 shares of Eastman common stock for each share of Solutia common stock.

Expected to close by the end of June 2012. Upon completion of the merger, shareholders of Kensey Nash Corporation will receive $38.50 per share in cash.

Expected to close in mid 2012 for a closing value of $2.2 billion. Upon completion of the merger, shareholders of AboveNet will receive $84.00 per share in cash.

Expected to close during Bed Bath & Beyond’s fiscal second quarter for a closing value of $495 million. Upon completion of the merger, shareholders of Cost Plus will receive $22.00 per share in cash

On July 12, 2011, Central Vermont Public Services terminated its agreement with Fortis after deeming “superior” the offer from Gaz Métro.

Expected to close in six to twelve months for a closing value of $702 million. Upon completion of the merger, Central Vermont Public Services shareholders will receive $35.25 per share in cash.

Expected to close by April 30, 2012 for a closing value of $35.82 million. Upon completion of the merger, shareholders of Cryptologic will receive $2.54 per share in cash.

Update(s)

April 18, 2012: Amaya Gaming Group extended its buyout offer for CryptoLogic to May 2, 2012.

May 31, 2012: Amaya Gaming Group extended its buyout offer for Cryptologic to June 25, 2012.

Privately held Cadence Bancorp entered into an agreement to acquire Encore Bancshares (EBTX) in an all cash deal valued at $250 million or $20.62/share. The deal is expected to close in the second half of 2012.

Update(s):

June 13, 2012: Encore Bancshares and Cadence Bancorp LLC announce closing date of July 2, 2012.

Expected to close by mid to late summer 2012 for a closing value of $232 million. Upon completion of the merger, shareholders of EasyLink Services will receive $7.25 per share in cash.

Expected to close by July 16, 2012 for a closing value of $25.06 million. Upon completion of the merger, shareholders of SRI Surgical Express will receive $3.70 per share in cash.

Expected to close in the first quarter of 2013 for a closing value of $1.5 billion. Upon completion of the merger, shareholders of CH Energy Group will receive $65.00 per share in cash.

Expected to close in the fourth quarter of 2012 for a closing value of $132 million in an all stock deal. Under the terms of the merger agreement, 50% of the outstanding Beacon shares will be exchanged for Berkshire shares at a fixed exchange ratio of 0.92 shares for each Beacon share, while the remaining 50% of Beacon shares will be exchanged for cash in the amount of $20.50 per share. To take a more conservative approach, we have entered this deal as an all stock deal.

Expected to close in the third quarter of 2012 for a closing value of 86 million in an all stock deal, where VIST shareholders will receive 0.3127 shares of Tompkins Financial common stock for each share of VIST common stock held.

The exchange ratio is subject to adjustment based on the average of the closing prices of Tompkins Financial common stock for the 20 business days ending three business days prior to the VIST shareholder meeting called to consider the merger agreement (the “Average Closing Price”). If the Average Closing Price is more than $43.98, the Exchange Ratio shall be 0.2842; and if the Average Closing Price is less than $35.98, the Exchange Ratio shall be 0.3475.

Insight Venture Partners entered into an agreement to acquire Quest Software (QSFT) in an all cash deal valued at $2 billion or $23 per share. The deal is expected to close in the third quarter of 2012. Insight Venture Partners is supporting the current CEO Vinny Smith in taking the company private. The stock closed at $24.07 on the day of announcement indicating traders expect a higher price or a rival bid.

Update(s)

June 19, 2012: Quest Software accepted a $25.75-a-share bid from Insight Venture Partners and agreed to the addition of Vector Capital to the buyout group.

Expected to close in the third quarter of 2012 for a closing value of $148 million in a cash plus stock deal. Upon completion of the merger, SRS Labs shareholders may elect to receive either $9.50 per share in cash or a fixed ratio of 0.31127 shares of DTS common stock for every share of SRS Labs common stock they own. In order to take a more conservative approach, we have internally classified the deal as an all stock transaction.