A quick survey of merger arb spreads, which have been coming down a little since short-selling has been allowed back. Still some big numbers out there, mostly reflecting nervousness about credit markets and financing. Note: I screened on deals announced since March, on companies with reasonable market caps, etc.
As always, click for a larger version.
Related posts:
Don't forget about CEG w/Buffett's $26.5 offer. You could have picked up the think under $22 last week, back above $24 for now…