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 June 21, 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 TECD, FIT, TIF & FSCT.
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 acquisitions & stock deal mergers and takeovers, or click the blue link in the spreadsheet below
- Visit our closed deals or failed deals categories 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 June 21, 2020
The Past
- CLOSURES
- Kemet (KEM) closed sucessfully on June 15
- FAILURES
- There were no deal failures from the list during the past week
- LIST REMOVALS
- There were no additional removals from the list during the week
- CLOSURES
The Present
- CONSTITUENTS
- The T20 continues to operate with an incomplete list of 18 constituent deals and 2 cash positions
- NEW DEALS ENTRY(S)
- There were no new deals that enter the list this week
- EXISTING DEAL ENTRY(S)
- There are no existing deals that enter the list this week
- LARGEST SPREAD
- The largest simple spread this week is Red Robin Gourmet Burgers (RRGB) offering 250.26%.
- CONSTITUENTS
| Date | Avg. Simple Spread | ECD* | Annualized Spread |
|---|---|---|---|
| May 15 | 16.93% | August 12 | 89.92% |
| May 22 | 17.04% | August 14 | 98.12% |
| May 29 | 18.18% | August 13 | 123.05% |
| June 5 | 16.18% | August 14 | 118.58% |
| June 12 | 20.37% | August 10 | 214.86% |
| June 19 | 25.83% | August 20 | 286.76% |
| Week Ending | Friday June 19, 2020 | ||
The Future
- EARNINGS
- There are no scheduled earnings announcements this week
- DIVIDENDS
- There are no scheduled ex-dividend dates this week
- REGULATORY
- There are no regulatory announcements during the coming week
- EXTRAORDINARY GENERAL MEETING
- There are no extraordinary general meetings expected during the coming 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…
- A surge in domestic U.S. retail sales helped the markets move forward during the week. A potential infrastructure plan announced by the government and the corporate bond buying program by the Fed reassured markets that economic assistance continues unabated. Evidence which the market has interpreted that a tentative recovery is upon us.
- Spreads held firm during the week despite a drop in RRGB. Renewed optimism in specific deals such as FIT and TECD helped the overall mood. However, there are still no new cash deals being announced and we fear this situation will get worse as existing deals close before and new investment candidates appear.
