Merger Arbitrage Spreads
This list of the largest merger arbitrage spreads is a FREE list of cash spreads trading on major US exchanges. The Merger Arbitrage Spread List February 2, 2020 is the latest list of opportunities available. The FREE spreadsheet below contains the latest essential deal information and criteria as per official company announcements. This merger arbitrage spread list provides the user with an investable database of deal spread opportunities. This information can provide a solid foundation for making merger arbitrage investing part of your investment portfolio.
We encourage traders and investors to perform their own due diligence before making investments. However, merger arbitrage (also known as risk arbitrage) is relatively simple to understand and execute. Review our strategy section and make risk arbitrage part of your investment strategy. A review and performance analysis of last weeks list constituents is also now available featuring commentary on BITA, FIT, MLNX & RRGB.
Additional Merger Arbitrage Resources
Complementary to our merger arbitrage spread list, you can also access more FREE content using the menu bar above.
- Quickly obtain merger details and news updates on selected deals such as
- Visit our deals category for more pending all cash & stock deal acquisitions and takeovers, or click the blue link in the spreadsheet below
- Visit our closed deals category to review past deals
- Scroll through the listings on the “performance” and “strategy” pages to view our regular weekly output
- In addition, to the right you can see what everyone else is reading in “Recent Posts” or click on the “Categories” links
- Download our FREE to use Excel merger arbitrage spread calculation tool. This can calculate any stock-for-stock deal spreads you may be interested in trading along with detailed instructions for use. Investors can also use this tool in a pairs trading strategy
Merger Arbitrage Spread List February 2, 2020
The Past
- CLOSURES
- There were no deals from the list that closed during the week
- FAILURES
- There were no deal failures from the list during the past week
- LIST REMOVALS
- AquaVenture (WAAS) is removed from the list this week as the spread falls outside the top 20 ranking
- CLOSURES
The Present
- CONSTITUENTS
- The T20 list operates with a full complement of 20 constituent deals
- NEW DEALS ENTRY(S)
- There are no new deals that enter our list this week
- EXISTING DEAL ENTRY(S)
- LogMeIn (LOGM) is an existing deal that enters the list this week
- LARGEST SPREAD
- The largest simple spread this week is Red Robin Gourmet Burgers (RRGB) offering 21.69%.
- AVERAGE SPREAD
- The average spread of the T20 components is 3.60%, which is marginally higher than the previous week.
- The average completion date is May 13, 2020. This gives an annualized return of 13.35%.
- Previously, May 10, 12.34%
- CONSTITUENTS
The Future
- EARNINGS
- DIVIDENDS
- There are no stocks from the index going ex-dividend during the coming week
- REGULATORY
- Craft Brew Alliance (BREW) has a possible HSR expiry on February 5
- MEETINGS
- Anixter International (AXE) has a special meeting scheduled for February 4
- Tiffany & Co. (TIF) has a special meeting scheduled for February 4
We will announce deal news relating to this week’s T20 list in real time via our twitter feed @MergeArbLimited.
*These dates may include estimated dates. Traders are advised to check for updates on this site or via our twitter feed.
And Finally…
- Similar to last week, economic and domestic news announcements were again of secondary importance. Headlines continue to be dominated by the coronavirus which has now spread to other parts of the globe. Markets retreated strongly on the news on Friday to record the worst broader market performance since October. Domestically, interest rates are kept on hold and corporate earnings continue to be positive.
- Spreads widened marginally during the week as RRGB declined as well as FIT. Spreads and deals with exposure to China continue to be the most volatile as expected and we see this volatility continuing in the short term. The hostile takeover of RRGB continues to be the largest simple spread at 21.69%.
