WM - Merger Arbitrage Analysis And Spread Performance - June 28 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.

Adesto Technologies (IOTS)

Adesto Technologies started the week off on the right foot and gave all merger arbitrageurs something to cheer about (with the exception of those that were short of course). An