Prolonged Halliburton-Baker Hughes Deal Could Boost M&A ETF Appeal
July 16, 2015 at 14:40 PM EDT
As doubts grow over a Halliburton (NYSE: HAL) and Baker Huges (NYSE: BHI) deal, a merger-related exchange traded fund could capitalize off the widening arbitrage opportunity. The second largest holding in the Index IQ Merger Arbitrage ETF (NYSEArca: MNA) is BHI at 7.3% of the underlying portfolio....
