Merger Arb: BofA / ML
Looking at maybe doing a merger arb trade on this deal. Spread is at nearly 18% today, up from about 12%, where it had been for a few weeks.
Anyone have any idea why? Any thoughts on this trade?
Looking at maybe doing a merger arb trade on this deal. Spread is at nearly 18% today, up from about 12%, where it had been for a few weeks.
Anyone have any idea why? Any thoughts on this trade?
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