Merger Arbitrage Spreads
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 February 9, 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. Review our strategy section and make risk arbitrage part of your investment strategy. A review and performance analysis of last weeks list constituents is also now available featuring commentary on BREW, FIT, RARX & RRGB.
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 all cash & stock deal 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 February 9, 2020
The Past
- CLOSURES
- There were no deals from the list that 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
- CLOSURES
The Present
- CONSTITUENTS
- The T20 list operates 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)
- Tallgrass Energy (TGE) 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 16.45%.
- AVERAGE SPREAD
- The average spread of the T20 components is 3.36%, which is marginally lower than the previous week.
- The average completion date is May 13, 2020. This gives an annualized return of 13.39%.
- Previously, May 13, 13.35%
- CONSTITUENTS
The Future
- EARNINGS
- Aircastle Limited (AYR) has an expected earnings announcements on February 11
- Tallgrass Energy (TGE) has an expected earnings announcements on February 12
- LogMeIn (LOGM) has an expected earnings announcements on February 14
- WABCO Holdings (WBC) has an expected earnings announcements on February 14
- Cincinnati Bell (CBB) has an expected earnings announcements on February 14
- DIVIDENDS
- There are no stocks from the index going ex-dividend during the coming week
- REGULATORY
- MEETINGS
- 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…
- A huge turnaround this saw the markets recover strongly. Traders shrugged off concerns about the health epidemic and covered short positions so as not to miss out on the recovery. The markets recorded their largest weekly gain in 6 weeks. Domestic economic data backed up the rise with strong jobs data and increasing wages. An expanding PMI and a cut in Chinese tariffs also added to the euphoria.
- Spreads narrowed marginally during the week as RRGB recovered strongly, supported by FIT. As we noted last week, spreads and deals with exposure to China continue to be the most volatile as expected and we see this volatility continuing in the short term. The hostile takeover of RRGB continues to be the largest simple spread at 16.45%.
