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home / news releases / TECD - Tech Data: A Relatively Safe Deal


TECD - Tech Data: A Relatively Safe Deal

M&A Spreads Have Narrowed but Remain Attractive

If you’ve been following the flurry of merger arbitrage notes I have put out since March 22, then you may be curious to see how our scorecard is shaping up.

Whilst there has been a narrowing of spreads since the period of dislocation in mid-March, spreads still remain moderately attractive, particularly for complex or risky deals.

Deal Overview

Prior to the onset of the coronavirus pandemic, Tech Data Corp. (TECD) traded at a narrow 1% spread to Apollo Investment’s (AINV) offer price of $145.

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Stock Information

Company Name: Tech Data Corporation
Stock Symbol: TECD
Market: NASDAQ

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