Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	BEAM INC	659,160	$54.91M	14.1%	$83.30	—	COM	073730103
—	LSI CORPORATION	3,305,969	$36.6M	9.4%	$11.05	—	COM	502161102
—	EPL OIL & GAS INC	810,000	$31.27M	8.0%	$38.60	—	COM	26883D108
—	JOS A BANK CLOTHIERS INC	438,469	$28.19M	7.2%	$64.30	—	COM	480838101
—	PACER INTL INC TENN	2,582,799	$23.22M	6.0%	$8.99	—	COM	69373H106
—	HI-TECH PHARMACAL INC	502,853	$21.79M	5.6%	$43.36	—	COM	42840B101
—	FOREST LABS INC	178,121	$16.43M	4.2%	$92.27	—	COM	345838106
—	CAPITALSOURCE INC COM	1,000,000	$14.59M	3.7%	$14.59	—	COM	14055X102
—	LEAP WIRELESS INTL INC	14,056,000	$14.2M	3.6%	$1.02	—	NOTE 4.500% 7/1	521863AL4
—	ZALE CORP NEW	650,589	$13.6M	3.5%	$20.91	—	COM	988858106
—	INTERNATIONAL GAME TECHNOLOG	13,000,000	$13.02M	3.3%	$1.00	—	NOTE 3.250% 5/0	459902AQ5
—	JONES GROUP INC	778,013	$11.65M	3.0%	$14.97	—	COM	48020T101
—	SUPERTEX INC	344,352	$11.36M	2.9%	$32.98	—	COM	868532102
—	BOULEVARD ACQUISITION CORP	934,209	$9.389M	2.4%	$10.05	—	UNIT 99/99/9999	10157P203
—	COMMONWEALTH REIT	359,298	$9.022M	2.3%	$25.11	—	6.50% PFD CUM CO	203233408
—	ACCELRYS INC	706,172	$8.799M	2.3%	$12.46	—	COM	00430U103
—	LEVY ACQUISITION CORP	711,595	$6.895M	1.8%	$9.69	—	COM	52748T104
—	CAMBRIDGE CAP ACQUISITION CO	688,724	$6.632M	1.7%	$9.63	—	COM	13215Q106
—	HF2 FINL MGMT INC	617,727	$6.338M	1.6%	$10.14	—	CL A	40421A104
—	COASTAL CONTACTS INC	538,100	$6.032M	1.5%	$11.21	—	COM NEW	19044R207
—	EMERITUS CORP	175,320	$5.512M	1.4%	$31.44	—	COM	291005106
—	PACTERA TECHNOLOGY INTL LTD	601,235	$4.359M	1.1%	$7.25	—	SPONSORED ADR	695255109
—	QUARTET MERGER CORP	429,089	$4.205M	1.1%	$9.80	—	COM	747717106
—	ATMI INC	121,807	$4.143M	1.1%	$34.01	—	COM	00207R101
—	GLOBAL DEFENSE & NATL SEC SY	390,649	$3.953M	1.0%	$10.05	—	COM	37953N108
—	NORDION INC	300,000	$3.456M	0.9%	$11.52	—	COM	65563C105
—	FOSTER WHEELER AG	102,000	$3.307M	0.8%	$32.42	—	COM	H27178104
—	XYRATEX LTD	222,438	$2.947M	0.8%	$13.29	—	COM	G98268108
—	HUDSON CITY BANCORP	283,019	$2.782M	0.7%	$9.10	—	COM	443683107
—	CAPITOL ACQUISITION CORP II COM	212,347	$2.092M	0.5%	$9.64	—	COM	14056V105
—	NICHOLAS FINANCIAL INC	114,653	$1.803M	0.5%	$15.74	—	COM NEW	65373J209
—	AMCOL INTL CORP	26,904	$1.232M	0.3%	$45.79	—	COM	02341W103
—	TOWER GROUP INC	1,224,000	$1.157M	0.3%	$0.95	—	NOTE 5.000% 9/1	891777AC8
—	HENNESSY CAP ACQUISITION COR	90,716	$913K	0.2%	$10.06	—	UNIT 99/99/9999	425886207
—	TIME WARNER CABLE INC	4,136	$567K	0.1%	$137.09	—	COM	88732J207
—	TIME WARNER CABLE INC	500	$543K	0.1%	$137.09	—	Call	88732J207
—	SAFEWAY INC	4,470	$503K	0.1%	$37.00	—	Call	786514208
—	LCA-VISION INC COM	85,043	$455K	0.1%	$5.35	—	PAR $.001	501803308
—	SCHAWK INC	20,500	$410K	0.1%	$20.00	—	CL A	806373106
—	CAMBRIDGE CAP ACQUISITION CO	672,786	$283K	0.1%	$0.42	—	W EXP 12/23/201	13215Q114
—	JOS A BANK CLOTHIERS INC	550	$255K	0.1%	$64.30	—	Call	480838101
—	LEVY ACQUISITION CORP	347,530	$167K	0.0%	$0.48	—	W EXP 11/19/201	52748T112
—	QUARTET MERGER CORP	301,126	$123K	0.0%	$0.41	—	RIGHT 99/99/9999	747717205
—	SAFEWAY INC	1,000	$37,000	0.0%	$37.00	—	COM NEW	786514208
—	CAPITOL ACQUISITION CORP II	83,545	$34,000	0.0%	$0.60	—	W EXP 05/15/201	14056V113
XPO	XPO LOGISTICS INC	1,268	$18,000	0.0%	—	—	Put	983793100
—	COMMUNITY HEALTH SYS INC	148,921	$9,000	0.0%	$0.06	—	NEW RIGHT 01/27/2016	203668116
—	RDA MICROELECTRONICS INC	100	$2,000	0.0%	$20.00	—	SPONSORED ADR	749394102