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 12, 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
- Visit our deals category for more pending acquisitions and takeovers or click the blue link in the spreadsheet below
- Visit our closed deals category to review past deals
- 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 12, 2020
The Past
- CLOSURES
- The Medicines Company (MDCO) is a previous list member whose deal closed during the week
- Wesco Aircraft (WAIR) is a previous list member whose deal closed during the week
- FAILURES
- There were no deal failures from the list during the past week
- LIST REMOVALS
- Tech Data Corporation (TECD) is removed from the list this week as the spread falls outside the top 20 ranking
- Craft Brew Alliance (BREW) is removed from the list this week as the spread falls outside the top 20 ranking
- Audentes Therapeutics (BOLD) is removed from the list this week as the spread falls outside the top 20 ranking
- CLOSURES
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)
- Zayo (ZAYO) is an existing deal that enters the list this week
- Continental Building Products (CBPX) is an existing deal that enters the list this week
- AquaVenture (WAAS) 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 21.18%.
- AVERAGE SPREAD
- The average spread of the T20 components is 3.39%, which is marginally lower than last week.
- The average completion date is May 21, 2020. This gives an annualized return of 9.66%.
- Previously, May 2, 11.36%
- CONSTITUENTS
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
- Synthorx (THOR) has a a possible HSR expiry on January 13
- MEETINGS
- Innophos (IPHS) has a special meeting scheduled for January 15
- EARNINGS
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…
- The news was dominated last week by geo political tensions in the Gulf. However, with the president softening his rhetoric the markets managed to stage a recovery. Economic data was dominated by a slight slowing of job additions, which was to be expected coupled with sluggish wage growth.
- Spreads narrowed slightly during the previous week. The abandonment of the PACB deal reduced the average spread significantly and we are now becoming acclimatized to this new lower level of average return. RRGB is the new largest spread and should continue to be so for the foreseeable future.
