MNA - Merger Arbitrage Analysis And Spread Performance - February 2 2020
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.
Bitauto Holdings (BITA)
As would be expected this week, the spreads with the greatest volatility were those with Chinese connections. The outbreak of the coronavirus has, and will continue to dominate market chatter for