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 23, 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 INST, KEM, 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 23, 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
- CLOSURES
The Present
- CONSTITUENTS
- The T20 list operates with a full complement of 20 constituent deals
- NEW DEALS ENTRY(S)
- EXISTING DEAL ENTRY(S)
- There were no existing deals that entered our list this week
- LARGEST SPREAD
- The largest simple spread this week is Fitbit (FIT) offering 13.95%.
- AVERAGE SPREAD
- The average spread of the T20 components is 2.91%, which is marginally lower than the previous week.
- The average completion date is May 22, 2020. This gives an annualized return of 12.19%.
- Previously, May 5, 15.55%
- CONSTITUENTS
The Future
- EARNINGS
- El Paso Electric (EE) has an expected earnings announcements on February 24
- Red Robin Gourmet Burgers (RRGB) has an expected earnings announcements on February 25
- Adesto Technologies (IOTS) has an expected earnings announcements on February 26
- AquaVenture (WAAS) has an expected earnings announcements on February 26
- The Habit Restaurants (HABT) has an expected earnings announcements on February 27
- Bitauto Holdings (BITA) has an expected earnings announcements on February 28
- Pattern Energy Group (PEGI) has an expected earnings announcements on February 28
- DIVIDENDS
- Aircastle Limited (AYR) goes ex-dividend on February 27 for $0.16
- REGULATORY
- There are no regulatory events expected from list members in the coming week
- MEETINGS
- Craft Brew Alliance (BREW) has a special meeting scheduled for February 25
- EARNINGS
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…
- The markets succumbed to a dose of reality this week as traders tried to calculate the continuing effect of the coronavirus outbreak News from Apple guiding its revenue lower amid temporary store closures spooked the markets. The fact that the Chinese has lowered rates in an attempt to support the economy suggests the effect may be more serious than currently recognized.
- Once again, spreads narrowed marginally during the week. RRGB continues to power forward as does MLNX. Despite a slight rise, FIT continues to be the largest simple spread in the index currently standing at 13.95%.
