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 November 24, 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 November 24, 2019
The Past
- CLOSURES
- There were no closures from the list during the past week
- FAILURES
- There were no deal failures during the week
- LIST REMOVALS
- Kemet (KEM) is removed from the list this week as the spread is not ranked in the top 20
- Craft Brew Alliance (BREW) is removed from the list this week as the spread is less than $0.05
- Continental Building Products (CBPX) is removed from the list this week as the spread is not ranked in the top 20
- Advanced Disposal Services (ADSW) is removed from the list this week as the spread is not ranked in the top 20
- CLOSURES
The Present
- CONSTITUENTS
- The T20 list now operates again with a complete complement of 20 constituents
- NEW DEALS ENTRY(S)
- There are no new deal announcements from the previous week that made this weeks list
- EXISTING DEAL ENTRY(S)
- LARGEST SPREAD
- The largest simple spread this week is Pacific Biosciences of California (PACB) offering 54.74%.
- AVERAGE SPREAD
- The average spread of the T20 components is 8.40%, which is lower than last week.
- The average completion date is April 7, 2020. This gives an annualized return of 23.97%.
- Previously, April 23, 23.74%.
- CONSTITUENTS
The Future
- EARNINGS
- Tech Data Corporation (TECD) announces earnings November 26
- Wesco Aircraft (WAIR) announces earnings November 29
- DIVIDENDS
- Aircastle Limited (AYR) goes ex dividend November 27 by $0.32
- REGULATORY
- MEETINGS
- There are no expected special 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.
*These earnings dates may include estimated dates. Traders are advised to check for updates on this site or via our twitter feed.
And Finally…
- A delay in the breakthrough of the continuing trade negotiations has led to the broader market retreating marginally this week. This has caused a slight rise in the VIX index.
- Spreads narrowed noticably during the week as the PACB spread rose significantly.
