MNA - Merger Arbitrage Analysis And Spread Performance - May 5 2019

This article explains the reasons behind the movement in a selection of the largest U.S. cash financed merger arbitrage spreads from the past week as calculated by Merger Arbitrage Limited. We analyze the attractiveness and profitability of each spread and indicate the trading position or action we have taken or intend to take based upon the analysis given. To conclude, we give brief summary and outlook for the overall merger arbitrage market.

Merger Arbitrage Spread Analysis

The significant gainer this week for the second week running was Bluegreen Vacations Corporation (BXG). The