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 March 22, 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 arbitrage list constituents is also now available featuring commentary on BITA, RRGB, BREW & TGE.
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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 March 22, 2020
The Past
- CLOSURES
- Pattern Energy Group (PEGI) successfully closed on March 16
- FAILURES
- There were no deal failures from the list during the past week
- LIST REMOVALS
- 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 the list this week
- EXISTING DEAL ENTRY(S)
- Advanced Disposal Services (ADSW) is existing deal that reenters our list this week
- Aircastle Limited (AYR) is existing deal that reenters our list this week
- Adesto Technologies (IOTS) is existing deal that reenters our list this week
- LARGEST SPREAD
- The largest simple spread this week is Red Robin Gourmet Burgers (RRGB) offering 510.69%.
- AVERAGE SPREAD
- The average spread of the T20 components is 43.91%, which is marginally lower than the previous week.
- The average completion date is May 4, 2020. This gives an annualized return of 1815.55%.
- Previously, May 14, 288.93%
- CONSTITUENTS
The Future
- EARNINGS
- Bitauto (BITA) is scheduled to announcements earnings on March 26
- Forty Seven (FTSV) is scheduled to announcements earnings on March 26
- DIVIDENDS
- REGULATORY
- Legg Mason (LM) has a possible HSR expiry on March 24
- Legg Mason (LM) has a possible Go Shop expiry on March 29
- Front Yard Residential (RESI) has a possible HSR expiry on March 24
- Front Yard Residential (RESI) has a possible Go Shop expiry on March 29
- Adesto Technologies (IOTS) has a possible HSR expiry on March 26
- MEETINGS
- There are no special meetings from the list scheduled for the week
- 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…
- Markets continue to experience unprecedented levels of volatility. Global governments are enacting lock down policies to contain the virus with the longer term effects on the global economy almost impossible to predict. Financial assistance to support the global economy have been announced but panic in the markets continues.
- Spreads continue to widen. The prolonged economic withdrawal will now bring into question the validity of some of these deals forcing stocks to fall even further than the broader market. The almost total collapse of RRGB amidst the suffering of eat-in restaurants continue to dominate the portfolio performance.
