Glad to see Chris coming around here. When he said the deal was dead after the UK ruling I felt like I agreed to disagree, but also that merger arb pessimism is going to lead to great returns here. The government bringing and losing cases is a pretty sweet spot for returns!
See also $IRBT, which has enjoyed incredible spreads partly becau…
Glad to see Chris coming around here. When he said the deal was dead after the UK ruling I felt like I agreed to disagree, but also that merger arb pessimism is going to lead to great returns here. The government bringing and losing cases is a pretty sweet spot for returns!
See also $IRBT, which has enjoyed incredible spreads partly because the asset value has gone down, but also just because no one wants to feel dumb.
Glad to see Chris coming around here. When he said the deal was dead after the UK ruling I felt like I agreed to disagree, but also that merger arb pessimism is going to lead to great returns here. The government bringing and losing cases is a pretty sweet spot for returns!
See also $IRBT, which has enjoyed incredible spreads partly because the asset value has gone down, but also just because no one wants to feel dumb.