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RESI - Merger Arbitrage Analysis And Spread Performance - May 10 2020
Front Yard Residential Corporation
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.
In a week where a number of pending acquisition targets announced earnings, Craft Brew Alliance stepped up as one of the stand out performers. Both EPS and Revenue beat