LMHA - Merger Arbitrage Analysis And Spread Performance - February 23 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 continues its march forward. In addition to the filing detailing a 1.7% stake accumulated by AllianceBerstein, there were three separate Form 4 filings from senior employees