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Merger activity decreased last week, with three new deals announced and four 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 2011169
Total Number of Deals Not Completed in 20113
Total Number of Pending Deals
Cash Deals31
Stock Deals18
Stock & Cash Deals10
Total Number of Pending Deals59

New Deals:

  1. The acquisition of Brigham Exploration (BEXP) by Statoil ASA (NYSE:STO) for $4.4 billion or $36.50 per share in cash.

  2. The acquisition of Anadys Pharmaceuticals (NASDAQ:ANDS) by Roche for $230 million or $3.70 per share in cash.

  3. The acquisition of Vertro (NASDAQ:VTRO) by Inuvo (NYSEMKT:INUV) in an all-stock deal, where shareholders of Vertro will receive 1.546 shares of Inuvo common stock per each share of Vertro common stock.

Updated Deals:

  1. On October 21, 2011, shareholders of Amag Pharmaceuticals (NASDAQ:AMAG) rejected the proposed $268 million stock deal for Allos Therapeutics (NASDAQ:ALTH)

Closed Deals:

  1. The acquisition of Renaissance Learning (NASDAQ:RLRN) by Permida funds on October 19, 2011

  2. The acquisition of FPIC Insurance Group (NASDAQ:FPIC) by The Doctors Company on October 19, 2011

  3. The acquisition of Allied Healthcare International (NASDAQ:AHCI) by Saga Group Limited on October 20, 2011

  4. The acquisition of Arch Chemicals (NYSE:ARJ) by Lonza Group on October 20, 2011

Top 10 deals with largest spreads:

Symbol Announced Date Acquiring Company Closing Price Last Price Closing Date Profit Annualized Profit
(NASDAQ:GRAN)04/27/2011FNB United Corp (FNBN)$1.28$0.7710/31/201166.56%3470.55%
(NYSE:MHS)07/21/2011Express Scripts, Inc. (NASDAQ:ESRX)$60.50$48.0906/30/201225.81%37.69%
(NASDAQ:AATI)05/26/2011Skyworks Solutions, Inc. (NASDAQ:SWKS)$5.51$4.4612/31/201123.46%125.90%
(VTRO)10/17/2011Inuvo, Inc. (INUV)$2.09$1.7903/31/201216.60%38.10%
(NYSE:TAM)01/19/2011LAN Airlines S.A. (NYSE:LFL)$20.34$17.4712/31/201116.43%88.18%
(NASDAQ:ABVA)07/27/2011Eagle Bancorp, Inc. (NASDAQ:EGBN)$5.63$5.0412/31/201111.61%62.31%
(EP)10/16/2011Kinder Morgan, Inc. (NYSE:KMI)$27.84$24.9903/31/201211.42%26.22%
(NASDAQ:LOOP)04/27/2011CoStar Group (NASDAQ:CSGP)$18.57$17.5012/31/20116.13%32.90%
(NASDAQ:HRBN)06/20/2011Tech Full Electric Company Limited$24.00$23.0012/31/20114.35%23.34%
(NYSE:CEG)04/28/2011Exelon Corporation (NYSE:EXC)$40.28$38.6101/31/20124.32%15.93%

List of all pending deals:

Symbol

Ann-

ounced Date

Acquiring Company Deal Type Clsng Value Clsng Price Last Price Volume Clsng Date Profit Ann. Profit
+GRAN04/27/2011FNB United Corp (FNBN)All StockN/A$1.28$0.7792,20010/31/201166.56%3470.55%
+MHS07/21/2011Express Scripts, Inc. (ESRX)Cash Plus Stock$29.1 billion$60.50$48.093,008,34406/30/201225.81%37.69%
+AATI05/26/2011Skyworks Solutions, Inc. (SWKS)Cash Plus Stock$258.6 million$5.51$4.46183,73612/31/201123.46%125.90%
+VTRO10/17/2011Inuvo, Inc. (INUV)All StockN/A$2.09$1.7948,26503/31/201216.60%38.10%
+TAM01/19/2011LAN Airlines S.A. (LFL)All StockN/A$20.34$17.47876,60412/31/201116.43%88.18%
+ABVA07/27/2011Eagle Bancorp, Inc. (EGBN)All Stock$31.2 million$5.63$5.0411,60012/31/201111.61%62.31%
+EP10/16/2011Kinder Morgan, Inc. (KMI)Cash Plus Stock$21 billion$27.84$24.9917,427,95003/31/201211.42%26.22%
+LOOP04/27/2011CoStar Group (CSGP)Cash Plus Stock$860 million$18.57$17.50263,91712/31/20116.13%32.90%
+HRBN06/20/2011Tech Full Electric Company LimitedAll CashN/A$24.00$23.00846,41412/31/20114.35%23.34%
+CEG04/28/2011Exelon Corporation (EXC)All Stock$7.9 billion$40.28$38.612,179,13501/31/20124.32%15.93%
+GR09/21/2011United Technologies Corp. (NYSE:UTX)All Cash$18.4 billion$127.50$122.601,563,14006/30/20124.00%5.84%
+BFSB08/17/2011Investors Bancorp, Inc. (NASDAQ:ISBC)All Cash$10.3 million$0.80$0.77118,02412/31/20113.76%20.19%
+ORCH04/06/2011Laboratory Corporation of America Holdings (NYSE:LH)All Cash$85.4 million$2.80$2.7026,31710/31/20113.70%193.12%
+CONM07/12/2011Ayelet InvestmentsAll Cash$57.2 million$3.85$3.7437,95012/31/20112.94%15.79%
+CPX10/10/2011Superior Energy Services (NYSE:SPN)Cash Plus Stock$2.7 billion$31.92$31.033,291,29912/31/20112.87%15.39%
+MMI08/15/2011Google (NASDAQ:GOOG)All Cash$12.5 billion$40.00$38.901,994,73801/31/20122.83%10.43%
+PVSA06/15/2011F.N.B. Corporation (NYSE:FNB)All Stock$130 million$21.63$21.1231,59612/31/20112.40%12.90%
+PGN01/10/2011Duke Energy Corporation (NYSE:DUK)All Stock$13.7 billion$53.69$52.431,237,79412/31/20112.40%12.87%
+PNNW11/12/2010City of NashuaAll Cash$138 million$29.00$28.3530,74412/31/20112.29%12.31%
+GLA09/01/2011The Gores GroupAll CashN/A$0.46$0.451,10012/31/20112.22%11.93%
+STBC04/28/2011Valley National Bancorp (NYSE:VLY)All Stock$222 million$12.26$12.0095,98310/31/20112.17%112.98%
+OCNF07/26/2011Ocean Rig (DryShips) (NASDAQ:ORIG)Cash Plus Stock$118 million$19.10$18.7012,99912/31/20112.13%11.45%
+CFSG05/20/2011Bain Capital PartnersAll Cash$265.5 million$9.00$8.82275,00211/15/20112.04%33.86%
+ACMR10/04/2011affiliate of Sbar’s IncAll Cash$40.8 million$1.60$1.57207,59812/31/20111.91%10.26%
+NETL09/12/2011Broadcom (NASDAQ:BRCM)All Cash$3.7 billion$50.00$49.093,941,15806/30/20121.85%2.71%
+NXG08/29/2011AuRico Gold Inc. (NYSE:AUQ)All Stock$1.46 billion$3.34$3.281,597,24510/31/20111.71%89.18%
+NDN10/11/2011affiliates of Ares Management LLC and Canada Pension Plan Investment BoardAll Cash$1.6 billion$22.00$21.702,155,21603/31/20121.38%3.17%
+ENP07/11/2011Vanguard Natural Resources (NASDAQ:VNR)All Stock$545 million$20.82$20.5484,21112/31/20111.36%7.32%
+TIN09/06/2011International Paper (NYSE:IP)All Cash$4.3 billion$32.00$31.581,446,87003/31/20121.33%3.05%
+HGIC09/29/2011Nationwide Mutual Insurance CoAll Cash$760 million$60.00$59.26204,04101/31/20121.25%4.60%
+HNB06/02/2011BankUnited Inc. (NYSE:BKU)Cash Plus Stock$71.4 million$3.27$3.23N/A12/31/20111.23%6.58%
+FNDT06/27/2011GTCRAll Cash$352.7$23.33$23.0528,48812/31/20111.21%6.52%
+GLBL09/12/2011TechnipAll Cash$1.1 billion$8.00$7.921,153,27201/31/20121.01%3.72%
+MFW09/12/2011MacAndrews and ForbesAll CashN/A$25.00$24.76207,76412/31/20110.97%5.20%
+PAET08/01/2011Windstream Corp. (NASDAQ:WIN)All Stock$2.3 billion$5.53$5.481,589,47001/31/20120.90%3.31%
+SONE10/03/2011ACI Worldwide (ACIW)Cash Plus Stock$516 million$9.63$9.551,697,64712/31/20110.79%4.26%
+ANDS10/17/2011RocheAll Cash$230 million$3.70$3.6752,693,14212/31/20110.68%3.65%
+PMIC09/08/2011Ace (NYSE:ACE)All CashN/A$20.30$20.1727,10203/31/20120.64%1.48%
+VSEA05/04/2011Applied Materials Inc. (NASDAQ:AMAT)All Cash$4.9 billion$63.00$62.693,571,56111/15/20110.49%8.20%
+PPDI10/03/2011affiliates of The Carlyle Group and Hellman & Friedman (N/A)All Cash$3.9 billion$33.25$33.091,551,91812/31/20110.48%2.60%
+SWTX10/07/2011Solutia Inc. (NYSE:SOA)All Cash$113 million$13.60$13.5443,66812/31/20110.44%2.38%
+KCI07/13/2011Consortium of FundsAll Cash$6.3 billion$68.50$68.201,669,04412/31/20110.44%2.36%
+AMAC09/22/2011Tunstall Healthcare Group LimitedAll Cash$82.3 million$8.55$8.5217,95112/31/20110.35%1.89%
+ICGN07/20/2011Pfizer Inc. (NYSE:PFE)All Cash$56 million$6.00$5.9828,18712/31/20110.33%1.80%
+NLC07/20/2011Ecolab Inc. (NYSE:ECL)All Stock$5.4 billion$37.77$37.681,255,63512/31/20110.24%1.30%
+NST10/18/2010Northeast Utilities (NYSE:NU)All Stock$4.17 billion$44.29$44.19340,67810/31/20110.23%12.17%
+CALP09/08/2011PerkinElmer Inc. (NYSE:PKI)All Cash$600 million$10.50$10.48644,27412/31/20110.19%1.02%
+EM08/04/2011BlackstoneAll Cash$3 billion$19.00$18.97606,60812/31/20110.16%0.85%
+GAS12/07/2010AGL Resources Inc. (AGL)Cash Plus Stock$2.4 billion$56.12$56.04265,55111/15/20110.14%2.35%
+BEXP10/17/2011Statoil ASA (STO)All Cash$4.4 billion$36.50$36.545,523,87803/31/2012-0.11%-0.25%
+CLFC12/09/2010Nara Bancorp Inc. (NARA)All Stock$285.7 million$5.15$5.1699,16411/30/2011-0.18%-1.79%
+CV07/12/2011Gaz metro Limited PartnershipAll Cash$702 million$35.25$35.3384,84512/31/2011-0.23%-1.22%
+BBND10/11/2011Arris Group Inc. (NASDAQ:ARRS)All Cash$172 million$2.24$2.25404,88212/31/2011-0.44%-2.39%
+DPL04/19/2011AES Corporation (NYSE:AES)All Cash$4.7 billion$30.00$30.25595,26201/31/2012-0.83%-3.05%
+TGE03/21/2011Dawson Geophysical Company (NASDAQ:DWSN)All Stock$157 million$5.08$5.13N/A10/31/2011-0.91%-47.24%
+TOBC06/20/2011Susquehanna Bancshares (NASDAQ:SUSQ)All Stock$343 million$22.59$23.8022,07703/31/2012-5.10%-11.70%
+BARI04/20/2011Brookline Bancorp (NASDAQ:BRKL)Cash Plus Stock$234 million$39.64$43.677,18412/31/2011-9.22%-49.49%
+SUG06/16/2011Energy Transfer Equity (ETE)All Stock$9.4 billion$36.64$41.49546,85503/31/2012-11.69%-26.83%
+NYX02/15/2011Deutsche BoerseAll StockN/A$13.93$26.782,703,33512/31/2011-48.00%-257.64%

Disclosure: See author's portfolio holdings here.

Source: Merger Arbitrage Mondays: Oct. 24, 2011