Merger Arb Spreads: Still High, But Mellowing

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 |  Includes: AHG, ANRZQ, ATML, CLF, MCHP, SBGI
by: Paul Kedrosky

A quick survey of merger arb spreads, which have been coming down a little since short-selling has been allowed back. Still some big numbers out there, mostly reflecting nervousness about credit markets and financing. Note: I screened on deals announced since March, on companies with reasonable market caps, etc.

As always, click for a larger version.

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