FSCT - Merger Arbitrage Analysis And Spread Performance - May 24 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 moved sharply lower on Monday as the company announced that

Advent provided notice to Forescout that it would not be proceeding to consummate the acquisition of Forescout on