Merger Arbitrage Spreads
The merger arbitrage spreads list is a FREE list of the largest all-cash deal spreads trading on a major U.S. stock exchange. Namely, this is the most recent list update of merger Arbitrage Spread List July 5, 2020. The FREE merger tracker spreadsheet below contains the latest essential deal information and criteria as per official company announcements. Thus providing the user with a merger arb spread tracker list and investable database of the largest 20 deal spread opportunities. We refer to this list of arbitrage spreads of pending mergers as the “T20 portfolio”. Finally, we demonstrate how examples of this information can provide a solid investment foundation.
A review and performance analysis of last weeks arbitrage list constituents is also now available featuring commentary on TIF, BREW, EE & ACIA. Review our strategy section and make risk arbitrage part of your investment strategy. 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 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 July 5, 2020
The Past
- CLOSURES
- 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
The Present
- CONSTITUENTS
- The T20 now operates with an incomplete list of 15 constituent deals and 5 cash positions
- NEW DEALS ENTRY(S)
- There were no new deals that enter the list this week
- EXISTING DEAL ENTRY(S)
- There were no existing deals that enter the list this week
- LARGEST SPREAD
- The largest simple spread this week is Red Robin Gourmet Burgers (RRGB) offering 314.94%.
- CONSTITUENTS
| Date | Avg. Simple Spread | ECD* | Annualized Spread |
|---|---|---|---|
| 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% |
| June 26 | 26.75% | September 2 | 256.93% |
| July 3 | 29.18% | September 17 | 242.00% |
| Week Ending | Friday July 3, 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 holiday shortened trading week left the markets somewhat devoid of news. However, jobs data continues to surprise the market with both published figures and revisions. Traders have been advised to view these figures in the wider context of the pandemic environment and expect frequent alterations.
- Spreads held relatively stable during the week. Although the T20 Index moved forward the average spread level has moved primarily as three existing deals closed and effected the average calculations of the remaining constituents. The 5 cash positions are now prorated across the existing positions.
