Summary
Alphabet (Google) takes out Fitbit in a $2.1bn all cash offer.
Pacific Biosciences of California rebounds following CMA investigation.
Red Robin Gourmet Burgers continues volatile run.
Cash merger arbitrage spreads narrow following strong weekly performance.
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
