SPY - Merger Arbitrage Analysis And Spread Performance - July 19 2020

This weekly column 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.

Forescout Technologies (FSCT)

Forescout Technologies was again the top performing cash merger arbitrage spread this week. The stock received a boost on Wednesday as a resolution to the ongoing dispute between would-be acquirer