How Is Merger Arbitrage Positioned in the Current Environment?
The outlook for merger arbitrage continues to look constructive with robust deal pipelines. The largest deal announcement, as of January, has been Microsoft’s bid to acquire gaming company Activision in an all-cash deal valued at $68.7 billion. The deal is currently trading at an unusually large spread of approximately 20% annualized with a market implied […] Read more at ETFtrends.com.