Merger Arbitrage Spread List November 11, 2018
This is the Merger Arbitrage Spread List November 11, 2018. A FREE list of the largest cash merger arbitrage opportunities trading on major US exchanges. 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. The most recent spread listings can be found here.
This risk arbitrage tracking list provides the user with an investable database of deal spread opportunities. Rules for inclusion in this list can be found on the spread tracker eligibility rules page along with additional help and user guidelines. Unlike some data providers, dividends, which can have a dramatic effect on the value of a spread have been included in the return calculation. 1
- HIFR, KTWO and MZOR all drop out of the top 20 this week as their deals near completition. None of these deals now have a significant spread. They are replaced by ARRS offering a 3.35% return for a deal that isn’t expected to close until mid-way through next year. ESND, an old favorite is also in the top 20 along with VLP and offering limited returns of only 0.79% and 0.81% for deals which are expected to close by year end.
- The only new cash deal announced during the last week that make our top 20 list of the most profitable was the aforementioned Arris International (ARRS).
- There was one deal closure from last weeks list, KTWO filed its change of ownership documents on Friday morning.
- The largest spread once agin is the relatively new enterant RHT which reamind reasonable stable during the past week offering a return of 9.35%. IDTI offers the second most attractive spread this week with a potential 4.81% for a deal slated to close mid next year.
- The average for the entire list is a 2.67% return which is slightl lower than the recent historical average (down from last week’s 2.9%) in most part due the small recovery in the broader market during the week.
