Sprint spread - merger arbitrage
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Looks like SoftBank decided to take a small hit and thankfully common shareholders of Sprint were not impacted. It is astounding that the spread on the deal is still 7.64% or nearly 70% annualized if the deal closes by 3/31/2020. $S $TMUS
https://twitter.com/AsifSuria/status/1230681840224100352?s=19
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