Merger activity decreased last week with one new merger announced and three deals closing. With merger spreads tight in most deals except for the ones that face regulatory risk or other obvious issues, I have been very selective in the deals that I personally invest in over the last year. One of the deals that I have participated in was the acquisition of Safeway (SWY) by Cerberus. With this deal likely to close in the next few days or weeks, I came across an interesting article about the deal on Seeking Alpha titled “A Not-So-Obvious Way To Make Money With Safeway” that is well worth reading.
You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours.
Deal Statistics:
New Deals: