ORCC - Merger Arbitrage Analysis And Spread Performance - May 17 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)
Early Monday morning Forescout Technologies provided an update regarding the pending acquisition by Advent. The statement read
On May 15, 2020, Advent provided notice to Forescout that it would not