Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Merger Arbitrage Spread Performance Analysis 10 December 2018

|Includes: AVA, ECYT, Esterline Technologies Corporation (ESL), MNA, NXTM, RCII, RHT, SPY, VIXY, XOXO
Summary

Top twenty US based merger arbitrage cash spreads.

This week’s best performer was Esterline Technologies Corporation (ESL) gaining 2.54%.

This week's worst performer is Avista Corp (AVA) down 15.63%.

The performance of the overall portfolio is negative coming in at a loss of 0.61%.

This is the performance and analysis update of the top 20 US based cash merger arbitrage spreads for the week ending 7th December. Included in this week's report are the winners, losers and overall performance of the portfolio. We've also highlighted any deal completions or failures and changes to the list of the top 20 spreads for the coming week beginning 10th December.

Winners 

This week’s best performer was Esterline Technologies Corporation (ESL) gaining 2.54%. This follows the filing of various forms with the SEC during the week including Form SC 13D/A (General statement of acquisition of beneficial ownership) and Form 8-K giving more information on the proposed takeover. Also performing strongly was NxStage Medical (NASDAQ:NXTM) finishing up 2.20% for

Read the complete article and other great merger arbitrage content at www.mergerarbitragelimited.com.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.