Two Merger Arbitrage Opportunities Worth Exploring

  • April 18, 2018
In my first exclusive email to premium members last month, we unveiled two new features on InsideArbitrage.com including the ability to view a spread history chart for every merger (accessed from the Merger Arbitrage Tool) and a sector heat map of management-only insider purchases. Today we are pleased to release an enhancement to the spread history chart that displays key events on the chart and includes a table of these events at the bottom of the chart. Since a picture is worth ten thousand words, the following screenshot of the spread history for the acquisition of WGL Holdings (WGL) by AltaGas should give you an idea of how this enhancement works. WGL Spread History With Events (click to enlarge) When you access the spread history charts from the website, you will be able to roll your mouse over the E markers on the chart to see which event they refer to and when that event occurred. As you can see from the chart above, shareholders of WGL approved the deal on May 10, 2017 and the deal received CFIUS approval in July 2017. The chart lets you see the impact of these events on the spread and as one...

Only plus or premium subscribers can access this post. Subscribe today.