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 December 27, 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 Index” & “T20 portfolio”. Finally, we demonstrate how examples of this information can provide a solid investment foundation.
Prior to the spread list we review the changes to the list and upcoming any announcements to list members in the “Past, Present & Future” Table. Following the list, we show the average annualized return for the aggregate merger arbitrage spread list using current returns and official expected closing dates.
A review and performance analysis of last weeks arbitrage list constituents is also now available featuring commentary on FIT, NAV, SOGO & WDR. Review our strategy section for further resources 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 - Index List Eligibility Rules
Rules for inclusion in the largest cash merger arbitrage spread list are found on the Spread Tracker Rules page. This page also includes additional help and user guidelines. Common rules for inclusion on the investable database arbitrage list include (but are not limited to) minimum price. Lower stock prices and can have a dramatic effect on the percentage movement of a spread value. In addition, unlike some other data providers, we include dividends in the return calculation. Our forecast date for future ex-div dates uses historical payment dates in lieu of official announcements. For this reason, we calculate the final dividend amount up to the expected completion date as given by the parties involved.
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Merger Arbitrage Spreads Activity Analysis Table
| The Past | |||
|---|---|---|---|
| Closures | HD Supply Holdings (HDS) | ||
| Failures | None | ||
| Additional Index Removals | Seacor Holdings (CHK) Foundation Building Materials (FBM) | ||
| The Present | |||
| Constituents | 20 constituent deals out of a maximum of 20 | ||
| New Deal Entry(s) | Aerojet Rocketdyne (AJRD) RealPage (RP) HMS (HMSY) | ||
| Existing Deal Entry(s) | None | ||
| Largest Simple Spread | Sogou (SOGO) - 10.16% | ||
| The Future for the week beginning December 28 | |||
| Earnings | None | - | |
| Dividends | None | - | |
| Extraordinary General Meeting | Taubman Centers (TCO) Tiffany (TIF) | December 28 December 30 | |
| Hart-Scott-Rodino | None | - | |
| Go-Shop Expiry | Waddell & Reed Financial (WDR) | January 2 | |
We will announce deal news relating to this week’s T20 Index 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.
Merger Arbitrage Spread List December 27, 2020
Average Potential Return for T20 Index Cash Merger Arbitrage Spreads
| November 22 | 1.30% | March 30, 2021 | 5.14% |
| November 29 | 1.34% | April 4, 2021 | 4.86% |
| December 6 | 1.34% | April 19, 2021 | 3.76% |
| December 13 | 1.13% | April 22, 2021 | 3.71% |
| December 20 | 1.38% | April 20, 2021 | 5.24% |
| December 27 | 2.25% | May 22, 2021 | 10.89% |
| Week Ending | Friday December 25, 2020 | ||
