A Big Deal: Merger-Arbitrage Funds Are Benefiting From Higher Cash Rates

Merger-arbitrage mutual funds and ETFs have seen inflows close to $1.64 billion through June. .....»»

One way of reducing the impact of higher rates is, if you’ve got it, to put more cash into the deal......»»

One way of reducing the impact of higher rates is to pump more cash into the deal......»»

Sprint and T-Mobile have argued that their combination will create better service. But the deal could cause higher rates and hurt the employees of both companies......»»

Businesses face higher scheduled rates based on higher wage bases, as well as potential solvency surcharges in 2023. Legislators could use federal stimulus funds to reduce that burden......»»

The £31 billion merger between Virgin Media and O2 has been provisionally cleared by the U.K.'s competition watchdog, after it found the deal was unlikely to lead to reduced competition or higher prices for wholesale mobile services......»»

Cathie Wood and Ark Funds have been no strangers to the SPAC world. The family of ETFs have added positions in several SPACs on deal announcement and post merger. read more.....»»

The agency reported over $9 billion in net losses in 2020 as the pandemic caused mail delivery rates to plummet. United States Postal Service Postmaster General Louis DeJoy speaks during a House Oversight and Reform Comm.....»»

Shares of Communications Systems, Inc. (NASDAQ: JCS) were trading higher on increased volume Tuesday after the company announced a merger deal with Pineapple Energy LLC. read more.....»»

The deal will generate about $4.4 billion in cash for Tesla rival Lucid, which plans to use the funds to expand its manufacturing facility in Arizona. Lucid Air. Lucid Churchill Capital IV fell.....»»

Under the terms of the proposed merger, PNM shareholders will receive $50.30 in cash for each share held at closing......»»

Shares of Vinco Ventures Inc. are Thursday's highest fliers, soaring nearly fivefold on heavy volume after the mergers and acquisition company, focused on digital media and consumer brands, announced a merger deal with ZASH Global Media and .....»»

Earlier this month, cannabis growers Aphria (NASDAQ: APHA) and Tilray (NASDAQ: TLRY) announced a merger to create the largest enterprise in the industry by revenue. read more.....»»

Go-go days for the exchange trade funds industry don't appear to be going anywhere anytime soon. With equities racing higher, investors continue pouring cash into ETFs at a record pace. read more.....»»

The biggest hurdle for the companies was a legal battle with state attorneys general who had argued that the deal would mean higher prices for consumers.....»»

After falling to a record low just two weeks ago, mortgage rates are surging higher again. This comes as real estate agents try to deal with a new normal in what was supposed to be a busy spring housing market......»»

YINJIA PAN/Getty Images Savings accounts generally come with higher interest rates than checking accounts, which earns you more on your balance. Saving for a major purchase in a high-yield savings account, such as a house or car.....»»

U.S. equity benchmarks were trading solidly higher on Wednesday after the Federal Reserve's rate-setting committee left its benchmark Fed-funds rate unchanged and sign.....»»

U.S. pipeline operator Kinder Morgan Inc reported a 26% rise in quarterly profit on Wednesday, benefiting from higher gas takeaway from the Permian Basin through its Gulf Coast Express pipeline......»»

Getty Images Wealthfront's Cash Account is yet another high-yield savings product. Competition in this field is leading to higher interest rates and lower fees, .....»»