SPY - Merger Arbitrage Analysis And Spread Performance - January 12 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)

On Friday January 3, Fitbit held their special meeting to vote on the takeover proposal from Google (GOOG). The results, filed on the following Monday unsurprisingly showed an overwhelming support for the