This mid-month update is a couple of days late because I was in Dallas, Texas attending the IDEAS Conference where nearly 60 companies were presenting.
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I received multiple emails last week about the recently announced acquisition of fracking company Pioneer Natural Resources (PXD) by Exxon Mobil (XOM). We discussed the
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We have been generating a lot of content in recent months and sometimes it can get overwhelming for our readers and at times overwhelming for
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Split-offs and the McDonald’s – Chipotle Example In 2006 McDonald’s (MCD) decided to spin-off its Mexican fast casual chain Chipotle (CMG) in a series of
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Arbitrageurs were delighted last week when a federal judge rejected the FTC’s request to block Microsoft’s massive $69 billion acquisition of Activision Blizzard (ATVI). By
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We have discussed arbitrage situations that include a special kicker in the form of contingent value rights or CVRs several times in the past. The
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Every eight to ten years, we seem to find ourselves in some sort of crisis. The crisis often follows a bubble and different investors react
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We started tracking pre-merger announcements or rumored deals in 2017 and called them “deals in the works” (DITW). One of the advantages of collecting data
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Over the last three years, I have added several ideas to our watchlist that I liked but wanted to follow for a while or pick
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Our History With B. Riley Instead of focusing on a new idea for our February 2023 mid-month update, I decided to revisit one of our
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Editor’s Note: When we discussed the 1Life Healthcare (ONEM) arbitrage opportunity in the August 2022 Special Situations newsletter the spread on the deal was almost the
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We started the year discussing a basket of “Broken Growth” stocks that had declined anywhere from 50% to 70% from their peaks and looking at
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