Merger activity increased last week with four new deals announced. You can find all the active deals listed below in our Merger Arbitrage Tool (MAT) that automatically updates itself during market hours.
There were five new deals announced in the Deals in the Works section.
We received several emails of support from investors who upgraded to the premium version of InsideArbitrage.com last week and also some emails where investors expressed their frustration with the paywall and the cost of the subscription. Over the years, as we expanded the scope of the website and added new tools and strategies, the cost to operate the website started going up and we had to start thinking in terms of building a sustainable business. This will allow us to continue investing in the site and we plan to launch a new insider heat map tool this week and a fourth event-driven strategy next month. The following areas of the website continue to remain free for investors who don’t want to pay for additional tools,
The Merger Arbitrage News Page
The Merger Arbitrage Mondays Posts (excluding the all pending deals section)
The Insider Weekends Posts (excluding all management purchases)
For those of you who find value in the premium tools like the Merger Arbitrage Tool, the Deals in the Works Tool, the Completed Spinoffs list, the ability to track specific deals and the ability to filter insider purchases by specific criteria, the 33% introductory discount for both monthly and annual subscriptions is valid through Wednesday. Just enter the promo code 2018Launch and the discount will be applied. With this discount and an annual subscription, you can save almost 50% on our standard monthly price bringing your cost down to just $50/month.
Deal Statistics:
Total Number of Deals Closed in 2018 | 4 |
Total Number of Deals Not Completed in 2018 | 2 |
Total Number of Pending Deals | |
Cash Deals | 42 |
Stock Deals | 17 |
Stock & Cash Deals | 8 |
Collars | 1 |
Special Conditions | 6 |
Total Number of Pending Deals | 73 |
Total Deal Size | $489.78 billion |
New Deals:
Deal Updates:
Top 10 deals with largest spreads:
Symbol | Announced Date | Acquiring Company | Closing Price | Last Price | Closing Date | Profit | Annualized Profit |
---|---|---|---|---|---|---|---|
GNW | 10/23/2016 | China Oceanwide Holdings Group Co., Ltd. (N/A) | $5.43 | $3.16 | 04/01/2018 | 71.84% | 422.90% |
NXTM | 08/07/2017 | Fresenius Medical Care (N/A) | $30.00 | $25.07 | 06/30/2018 | 19.66% | 47.22% |
SCG | 01/03/2018 | Dominion Energy, Inc. (D) | $50.51 | $43.43 | 06/30/2018 | 16.30% | 39.14% |
TWX | 10/22/2016 | AT&T, Inc. (T) | $108.10 | $94.83 | 06/21/2018 | 13.99% | 35.71% |
YUME | 09/05/2017 | RhythmOne plc (RTHM.L) | $4.33 | $3.90 | 03/31/2018 | 11.07% | 66.26% |
SXE | 11/01/2017 | American Midstream Partners, LP (AMID) | $2.42 | $2.18 | 06/30/2018 | 10.83% | 26.00% |
AET | 12/03/2017 | CVS Health (CVS) | $213.71 | $193.10 | 12/31/2018 | 10.67% | 11.59% |
GNRT | 12/21/2017 | Euronav NV (EURN) | $6.58 | $6.12 | 06/30/2018 | 7.54% | 18.09% |
AKRX | 04/24/2017 | Fresenius Kabi (N/A) | $34.00 | $32.47 | 03/31/2018 | 4.71% | 28.20% |
WGL | 01/25/2017 | AltaGas Ltd. (N/A) | $88.25 | $84.31 | 06/30/2018 | 4.67% | 11.22% |
List of all pending deals:
Disclaimer: I hold positions in Southcross Energy Partners (SXE), Sparton Corporation (SPA), Rosetta Genomics (ROSG) and Akorn (AKRX). Please do your own due diligence before buying or selling any securities mentioned in this article. We do not warrant the completeness or accuracy of the content or data provided in this article.
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