MNA - Merger Arbitrage Analysis And Spread Performance - December 8 2019
This article 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.
Fitbit (FIT)
Fitbit also continues its volatile run. The stock was slowly declining through the week and saw that decline accelerate following a report on its potential acquirer Google (GOOG) (GOOGL).
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