MNA - Merger Arbitrage Analysis And Spread Performance - February 11 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.
Red Robin Gourmet Burgers (RRGB)
Red Robin had a complete reversal from the prior weeks negative performance. Traders may be forgiven for thinking the appointment of a new independent director may have been the