TMO - Merger Arbitrage Analysis And Spread Performance - August 16 2020
This weekly column explains the reasons behind the movement in a selection of the largest U.S. cash merger arbitrage spreads from the past week as calculated by Merger Arbitrage Limited. We analyze the attractiveness and profitability of each spread going forward and indicate the trading position or action we have taken or intend to take based upon the analysis given.
QIAGEN (QGEN)
Despite Thermo Fisher (TMO) allowing the acquisition of Qiagen to lapse following the close of the tender offer, the target stock still managed to post a positive return for