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Merger Arbitrage Spread List January 5, 2020

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 January 5, 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.We encourage traders and investors to perform their own due diligence before making investments. 

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
      • The Habit Restaurants (HABT)
      • Red Robin Gourmet Burgers (RRGB)
      • Tallgrass Energy (TGE)
    • Visit our deals category for more pending acquisitions and takeovers or click the blue link in the spreadsheet below
    • 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 January 5, 2020

The Past

    • CLOSURES
      • There were no closed deals from the list during the past week
    • FAILURES
      • Pacific Biosciences of California (PACB) was a deal that failured during the week
    • LIST REMOVALS
      • Changyou.com (CYOU) is removed from the list this week as the spread falls outside the top 20 ranking
      • The Medicines Company (MDCOis removed from the list this week as the spread falls outside the top 20 ranking
      • Continental Building Products (CBPXis removed from the list this week as the spread falls outside the top 20 ranking

The Present

    • CONSTITUENTS
      • The T20 list now operates once again with a full complement of 20 constituent deals
    • NEW DEALS ENTRY(S)
      • There are no new deals that enter our list this week
    • EXISTING DEAL ENTRY(S)
      • LogMeIn (LOGM) is an existing deal that enters the list this week
      • Kemet (KEM) is an existing deal that enters the list this week
      • Craft Brew Alliance (BREWis an existing deal that enters the list this week
      • Tech Data Corporation (TECD) is an existing deal that enters the list this week
    • LARGEST SPREAD
      • The largest simple spread this week is Red Robin Gourmet Burgers (RRGB) offering 22.32%.
    • AVERAGE SPREAD
      • The average spread of the T20 components is 3.60%, which is marginally lower than last week.
      • The average completion date is May 2, 2020. This gives an annualized return of 11.36%. 
      • Previously, April 9, 25.68%

The Future

    • EARNINGS
      • There are no expected earnings announcements from list constituents this week
    • DIVIDENDS
      • There are no stocks from the index going ex-dividend during the coming week
    • REGULATORY
      • Instructure (INST) has a a possible Go-Shop expiry on January 8
      • AVX Corporation (AVXhas a a possible Go-Shop expiry on January 8
    • MEETINGS
      • There are no special meetings scheduled for the coming week

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…

    • News and announcements have been slow for us over the festive period which was to be expected. We shall have a more accurate picture of the merger arbitrage market going forward by the end of the week.
    • Spreads narrowed significantly during the week. The abandonment of the PACB deal has reduced the averge spread considerably. RRGB now takes its place the largest spread in the index. A spread which itself has narrowed in recent weeks.
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