Oct 17 (Reuters) - The following list shows the arbitrage spread for
proposed mergers and acquisitions of U.S. companies.
Historically, the wider the spread, the more investors doubt a deal will
close. Arbitrage spreads measure the difference between the offered takeover
price and the target company's current trading price.
For real-time spreads, go to <US/ARB/MENU>
ACQUIRER TERGET DEAL VALUE* PRICE/SHARE SPREAD%
InBev NV Anheuser-Busch 49,915.24 70.00 16.76
Bank of America Merrill Lynch 44,339.70 20.84 13.59
Roche Holding Genentech 37,505.28 89.00 8.63
Dow Chemical Rohm and Haas 15,287.23 78.00 11.02
Wells Fargo Wachovia 15,127.19 6.75 4.64
NRG Calpine 10,916.43 9.71 10.95
Altria UST 10,256.34 69.50 7.60
Cleveland-Cliffs Alpha Natural 9,031.59 48.15 32.93
Teva Pharm Barr Pharm 7,184.67 65.45 6.46
Republic Services Allied Waste 6,550.32 9.89 3.25
Invitrogen Applied Biosys 6,381.65 30.77 1.62
Hexion Huntsman 6,213.24 28.00 129.13
Eli Lilly ImClone 6,089.83 70.00 3.05
Samsung SanDisk 5,850.27 26.00 57.67
MidAmerican Constellation Ener 4,725.79 26.50 8.92
Tokio Marine Phili Consolidated 4,397.46 61.50 7.89
Bunge Ltd Corn Products 4,162.20 56.00 179.58
Consortium Puget Energy 3,510.75 30.00 33.69
Finmeccanica DRS 3,359.00 81.00 .98
Delta Air Northwest Air 3,051.85 11.05 3.08
WebMD HLTH 2,897.69 9.67 10.85
Brocade Comm Foundry Ntwks 2,807.93 18.82 13.95
Ashland Hercules 2,602.64 20.97 13.55
CVS Longs Drug 2,574.54 71.50 .08
Nationwide Mutual Nationwide Fin 2,440.08 52.25 6.85
Microchip Tech Atmel 2,231.03 5.00 31.93
Consortium Post Properties 2,054.24 47.00 109.73
Banco Santander Sovereign Banc 1,910.18 3.72 20.85
Precision Drill Grey Wolf 1,820.45 6.78 17.06
Ricoh Americas IKON 1,617.30 17.25 3.17
King Pharm Alpharma 1,545.25 37.00 7.87
Sky Acquisition Apria Healthcare 1,281.57 21.00 31.41
Dubai Intl Och-Ziff 1,258.62 33.00 489.29
Mgnt Group CKX 1,164.71 12.00 193.40
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