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 August 16, 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 BREW, QGEN, SINA & FIT. 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.
Merger Arbitrage Spreads - List Eligibility Rules
Rules for inclusion in the largest cash merger arbitrage spread list are on the Spread Tracker Rules page. This page also includes additional help and user guidelines. Common rules for inclusion on the arbitrage list include (but are not limited to) minimum price and can have a dramatic effect on the value of a spread. In addition, unlike some data providers, we include dividends in the return calculation. Our forecast date for future ex-div dates uses historical payment dates in lieu of an official announcement. For this reason, we calculate the final dividend amount up to the expected completion date as given by the respective parties. You can now find us on Facebook. Why not become friends with Merger Arbitrage Limited.
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
- Momenta Pharmaceuticals (MNTA) Acquisition
- Principia Biopharma (PRNB) Acquisition
- Teladoc Health (TDOC) and Livongo (LVGO) Merger
- Varian Medical (VAR) Acquisition
- Chevron Corporation (CVX) and Noble Energy (NBL) Merger
- 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
- Quickly obtain merger details and news updates on selected deals such as
Merger Arbitrage Spread List August 16, 2020
The Past
- CLOSURES
- There were no deal closures from the list during the past week
- FAILURES
- QIAGEN (QGEN) was a deal that failed from the list during the past week
- LIST REMOVALS
- There were no other removals from the list during the week
- CLOSURES
The Present
- CONSTITUENTS
- The T20 portfolio consists of 15 constituent deals out of a maximum of 20
- NEW DEALS ENTRY(S)
- There were no new eligible deals announced during the week that enter the list
- 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 311.95%.
- CONSTITUENTS
| Date | Avg. Simple Spread | ECD* | Annualized Spread |
|---|---|---|---|
| July 10 | 29.86% | October 15 | 167.30% |
| July 17 | 22.10% | November 11 | 86.43% |
| July 24 | 19.63% | November 8 | 84.30% |
| July 31 | 25.49% | November 19 | 110.99% |
| August 7 | 23.12% | December 9 | 84.45% |
| August 14 | 21.30% | December 17 | 75.74% |
| Week Ending | Friday August 14, 2020 | ||
The Future
- EARNINGS
- DIVIDENDS
- There are no scheduled ex-dividend dates this week
- REGULATORY
- There are no scheduled HSR expiry announcements for the coming week
- EXTRAORDINARY GENERAL MEETING
- There are no extraordinary general meetings expected during the coming week
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 broader market again moved higher and closed within a whisker of all-time highs, a feat already achieved by the tech heavy Nasdaq. With jobless claims continuing to decline and retail sales improving the economy is exhibiting signs of a robust recovery although the failure to agree the latest stimulus package may dampen sentiment.
- Merger Spreads posted an additional marginal positive return as deals broadly move towards closure. Returns were helped this week by a positive performance from a deal break (an unusual sight to say the least). The lack of eligible deals however remains ever present.
