TIF - Merger Arbitrage Analysis And Spread Performance - November 24 2019

This article 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.

Pacific Biosciences of California (PACB)

PACB once again finds itself amongst the largest movers this week. Following an announcement on Wednesday regarding the proposed remedies by the companies to the CMA, PACB stock skyrocketed