Nova Chemicals = Done Deal

Finally!!! Today, IPIC received the approval from Investment Canada to complete the acquisition of Nova Chemicals (Ticker: NCX). The deal is scheduled to close on Monday, July 6th. This initially started off as a small arb play and evolved into a big position. It'll be a nice little pay day! I'm still looking for some new risk arb plays, but there's nothing out there to get excited about. That's about it for now...