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 23, 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, SINA, TIF & VAR. 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
- 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 23, 2020
The Past
- CLOSURES
- Forescout Technologies (FSCT) was a deal from the list that closed during the past week
- FAILURES
- There were no deal failures 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)
- 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 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% |
| August 21 | 20.34% | December 20 | 74.81% |
| Week Ending | Friday August 21, 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 which had been teetering on the verge of new all-time highs finally broke into new high ground last week. The uneven recovery in the economy continues which is now established as the new normal. Although some large retail chains reported a rise in income, tech is leading the way forward via remote commerce whilst people intensive industries suffer.
- Merger Spreads posted a rare loss during the week. However, the inclusion of three new deals is encouraging and provides some badly needed fresh opportunities. Existing deals will continue to close in the near future which will more than likely keep the index below a full complement.
