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 October 6, 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.
Merger Arbitrage Spread List October 6, 2019
The Past
- CLOSURES
- NorthStar Realty Europe (NRE) closed on September 30
- Tower International (TOWR) closed on September 30
- Sotheby’s (BID) closed on October 3
- FAILURES
- There were no deal failures during the week
- LIST REMOVALS
- There are no list removals this week
- 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 were no new deal announcements made during the week that make our list
- EXISTING DEAL ENTRY(S)
- There are no new list entries this week
- LARGEST SPREAD
- The largest simple spread this week is Pacific Biosciences of California (PACB) offering 60.64%.
- AVERAGE SPREAD
- The average spread of the T20 components is 7.26%, which is higher than last week.
- The average completion date is February 14, 2020. This gives an annualized return of 21.21%.
- Previously, February 14, 19.90%.
- CONSTITUENTS
The Future
- EARNINGS
- There are no expected earnings announcements scheduled for this week
- DIVIDENDS
- There are no expected ex dividend dates scheduled for this week
- REGULATORY
- There are no expected regulatory announcements scheduled for this week
- MEETINGS
- Monotype Imaging (TYPE) has a special meeting scheduled for October 9
- Navigant Consulting (NCI) has a special meeting scheduled for October 10
- OMNOVA (OMN) has a special meeting scheduled for October 10
- 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. This week was dominated by the domestic economic scene. Positive domestic jobs data is currently counteracting the expected slowdown in economic activity.
- Spreads marginally widened during the week as the broader market failed to make any significant progress. This was despite the majority of spreads gaining in value. PACB was again the most notable of the decliners.
