MNA News and Press, IQ Merger Arbitrage From 01/19/21

HMS Holdings Corp. slips during the week. Fitbit finally draws to a close. Merger arbitrage cash spreads advance again replicating previous week's returns. For further details see: Merger Arbitrage Analysis And Spread Performance - January 17, 2021

Waddell & Reed declines in excess of recent dividend payment. Broader market starts the year with strong positive return. Merger arbitrage cash spreads advance in a positive start to the new year. For further details see: Merger Arbitrage Analysis And Spread Performa...

RealPage slips back following announcement of acquisition by Thoma Bravo. Realpage merger arbitrage spread now at 1.73%. Merger arbitrage cash spreads advance gently during quiet year-end week. For further details see: Merger Arbitrage Analysis And Spread Performance - J...

Global M&A activity rebounded in the back half of 2020 after dropping off a cliff in Q2, when companies contended with the financial market turmoil at the start of the pandemic. Still, activity declined for the year.Value of M&A globally declined 5% Y/Y to $3.6T in 2020, its lowest si...

Fitbit fails to convince Australian regulators. A plethora of new deals expands merger arbitrage investment opportunities. Merger arbitrage cash spreads stumble in the wake of regulatory issues. For further details see: Merger Arbitrage Analysis And Spread Performance - ...

Sogou rebounds after a string of weekly declines. Fitbit receives conditional regulatory approval from the EU. Merger arbitrage cash spreads regain their positive momentum. For further details see: Merger Arbitrage Analysis And Spread Performance - December 20, 2020

Sogou continues its decline following previous deal update. Sogou merger arbitrage simple spread widens to largest gap since deal announcement. Merger arbitrage cash spreads produce a negative return for first time in almost 3 months. For further details see: Merger Arbi...

A bout of dealmaking began over the weekend as AstraZeneca bulked up its rare disease portfolio with the $39B purchase of Alexion Pharmaceuticals (its biggest acquisition on record).Elsewhere in the pharma sector, GlaxoSmithKline (GSK) was reported to be in the race to buy Eidos Therapeutics ...

Acacia Communications trades above its offer price from Cisco. Sogou declines on announcement of deal extension. Merger arbitrage cash spreads post a marginal positive return for 10th straight week. For further details see: Merger Arbitrage Analysis And Spread Performanc...

Front Yard Residential receives a higher offer. Stock trades above the revised offer price as investors speculate on additional offers. Merger arbitrage cash spreads produce positive returns for the 9th consecutive week. For further details see: Merger Arbitrage Analysis...