Merger Arbitrage Spread List
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 September 8, 2019 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.
Additional Resources
In addition to our merger arbitrage spread list, you can also access more FREE content using the menu bar above. Scroll through the listings on the “performance and strategy pages to view our regular weekly output. Also, to the right you can see what everyone else is reading in “Popular Posts or click on the “Archive” links. Finally, our Website Enhancements and Functionality page provides a comprehensive guide to maximising the information available on this site.
You can 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 along with detailed instructions for use. Subsequently, this tool can also be used in a pairs trading strategy.
Merger Arbitrage Spread List September 8, 2019
The Past
- CLOSURES
- There were no deal closures during the week
- FAILURES
- There were no deal failures during the week
- LIST REMOVALS
- OMNOVA (OMN) – Return no longer ranked in top 20
- Medidata Solutions (MDSO) – Return no longer ranked in top 20
- CLOSURES
The Present
- CONSTITUENTS
- The T20 list now operates with a full complement of 20 constituents and 0 cash positions
- NEW DEALS ENTRY(S)
- There are no new deals that enter our list this week
- EXISTING DEAL ENTRY(S)
- Aquantia (AQ)
- Wesco Aircraft (WAIR)
- LARGEST SPREAD
- The largest simple spread this week is Pacific Biosciences of California (PACB) offering 43.63%.
- AVERAGE SPREAD
- The average spread of the T20 components is 6.44%, which is lower than last week.
- The average completion date is January 28, 2020. This gives an annualized return of 17.14%.
- Previously, January 11, 20.11%.
- CONSTITUENTS
The Future
- EARNINGS
- There are no expected earnings announcements scheduled for this week
- DIVIDENDS
- El Paso Electric (EE) goes ex-div on September 13 of $0.385
- REGULATORY
- There are no expected regulatory announcements scheduled for this week
- MEETINGS
- There are no expected meetings scheduled for this week
- EARNINGS
We will announce deal news relating to this week’s T20 list in real time via our twitter feed @MergeArbLimited.
And Finally…
- We had previously suggested volatility would remain higher. The market continues to react sensitively to every scrap of information (or tweet) regarding the ongoing trade war. Things may have calmed down for the time being but it remains to be seen if solid progress can be made.
- Spreads narrowed during the week as the broader market tracked back up towards all-time highs. However, despite this recent RRGB loss, the volume of winners was sufficient to put the T20 portfolio in healthy positive territory.
