Stock: Allegheny Energy 39.69/23.60
Symbol: AYE
Buyout Terms: FirstEnergy (FE) is paying 0.667 shares of its stock for each AYE share
Est. Closing Date: March 31, 2011
Today’s date: February 11th
Today’s price: $23.60
Projections:
$/% Gain: $2.87/12.17%
Time frame: 12-14 months
Annualized return: +11.2%
monthly arbs | AOTM | 
February 11, 2010 2:47 pm | 
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Stock: XTO Energy
Symbol: XTO
Buyout Terms: ExxonMobil is paying 0.7098 shares of its stock for each XTO share
Est. Closing Date: June 30th
Today’s date: January 14th
Today’s price: $47.58
Projections:
$/% Gain: $1.64/3.45%
Time frame: < 6 months
Annualized return: +7.5%
monthly arbs | AOTM | January 14, 2010 1:37 pm | Comments Off
Stock: 3Com
Symbol: COMS
Buyout Terms: Hewlett Packard is paying $7.90 cash for each COMS share
Est. Closing Date: June 30th
Today’s date: December 1st
Today’s price: $7.40
Projections:
$/% Gain: $0.50/6.76%
Time frame: ~ 7 months
Annualized return: +11.6%
monthly arbs | AOTM | December 1, 2009 10:03 am | Comments Off
Stock: IMS Health
Symbol: RX
Buyout Terms: Private equity firms are paying $22.00 cash for each RX share
Est. Closing Date: March 31st
Today’s date: November 5th
Today’s price: $20.82
Projections:
$/% Gain: $1.18/5.67%
Time frame: ~ 5 months
Annualized return: +13.6%
monthly arbs | AOTM | November 5, 2009 11:24 am | Comments Off
Stock: BJ Services
Symbol: BJS
Buyout Terms: Baker Hughes (BHI) is paying $2.69 cash plus 0.40035 shares of stock (currently $46.50) for each BJS share
Est. Closing Date: December 31st
Today’s date: October 20th
Today’s price: $20.87
Projections:
$/% Gain: $0.44/2.09%
Time frame: < 3 months
Annualized return: +10.6%
monthly arbs | AOTM | October 20, 2009 10:07 am | Comments Off
Stock: Wyeth
Symbol: WYE
Buyout Terms: Pfizer is paying $33.00 cash plus 0.985 shares of stock (currently $16.23) for each WYE share
Est. Closing Date: December 31st
Today’s date: September 9th
Today’s price: $47.64
Projections:
$/% Gain: $1.35/2.83%
Time frame: < 4 months
Annualized return: +9.1%
monthly arbs | AOTM | September 9, 2009 11:03 am | Comments Off
Stock: Schering Plough
Symbol: SGP
Buyout Terms: Merck is paying $10.50 cash plus 0.5767 shares of stock for each SGP share
Est. Closing Date: December 31st
Today’s date: August 28th
Today’s price: $28.14
Projections:
$/% Gain: $1.07/3.80%
Time frame: ~ 4 months
Annualized return: +11.1%
monthly arbs | AOTM | August 28, 2009 10:20 am | Comments Off
Stock: MSC Software
Symbol: MSCS
Buyout Terms: Private equity consortium paying $7.63 cash for each MSCS share
Est. Closing Date: September 30th
Today’s date: July 9th
Today’s price: $7.47
Projections:
$/% Gain: $0.16/2.14%
Time frame: < 3 months
Annualized return: +9.3%
Update (October 2009): MSC Software attracted multiple bidders after the initial merger agreement was announced. The deal’s closing date was delayed until 10/13/09 but the final purchase price was $8.40 in cash, up from an original $7.63. That extra 10% premium resulted in annualized gains of +46.8% for merger arbs.
monthly arbs | AOTM | July 9, 2009 11:14 am | Comments Off
Stock: Centennial Communications
Symbol: CYCL
Buyout Terms: AT&T (T) is paying $8.50 cash for each CYCL share
Est. Closing Date: June 30th
Today’s date: June 5th
Today’s price: $8.38
Projections:
$/% Gain: $0.12/1.43%
Time frame: < 1 month
Annualized return: +20.9%
monthly arbs | AOTM | June 5, 2009 10:17 am | Comments Off
Stock: Sun Microsystems
Symbol: JAVA
Buyout Terms: Oracle (ORCL) is paying $9.50 cash for each JAVA share
Est. Closing Date: September 30th
Today’s date: May 4th
Today’s price: $9.13
Projections:
$/% Gain: $0.37/4.05%
Time frame: < 5 months
Annualized return: +9.9%
monthly arbs | AOTM | May 4, 2009 1:20 pm | Comments (0)
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