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LIGHTHOUSE
Before 9:30 AM · OCT 24

Top Scoop

UnitedHealth / Amedisys: DOJ depositions suggest path to clearance...

PUSU & Pre-Event Lists

Deal

VMC/KMT

Status

Active

Catalyst Calendar

Oct 26: FTC Decision Deadline (VMC/KMT)

REPLY TO ANALYST
A+
Proprietary
Reporting
99%
Retention
Rate

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1. We Analyze

Our analysts sift through the news, securities filings, regulatory actions, regulatory filings, court documents, and stock exchange announcements overnight.

2. You Read

Before 9:30 AM ET, the condensed high-impact briefing hits your inbox.

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Morning Briefings

The definitive source for merger news, delivered before the opening bell.

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Concise summaries of complex CTFN stories, distilling the key takeaways for your trading day.

Pre-Event Intelligence

Proprietary reporting on potential deals and regulatory hurdles before they break publicly.

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Jon Spitzer

Jon Spitzer

Founder & CEO, CTFN

"I started providing financial news and intelligence to meet the needs I felt I had in my years as an analyst and portfolio manager. Lighthouse is designed to save you time and arm you with the key informational nuggets you need before you start your trading day."
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Merger Arbitrage & M&A Intelligence FAQ

Everything you need to know about Lighthouse and risk arbitrage strategies.

What is Merger Arbitrage (Merger Arb)?
Merger arbitrage, also known as risk arbitrage, is an investment strategy that involves simultaneously buying and selling the stocks of two merging companies to profit from any difference (spread) between the stock price and the buyout price of the target company. Our Lighthouse briefing focuses on identifying high-probability deals and the regulatory risks associated with them.
How does risk arbitrage differ from regular stock investing?
Unlike traditional stock investing which depends on general market movements or company growth, risk arbitrage depends on the success of a specific corporate event, such as a merger, acquisition, or spinoff. Lighthouse provides daily intelligence on these event-driven investing opportunities.
What kind of M&A deals do you cover in your briefing?
Lighthouse covers a wide range of M&A transactions, including multi-billion dollar domestic mergers, cross-border acquisitions, and complex special situation investments. We prioritize deals with significant regulatory scrutiny, such as HSR filings or antitrust reviews by the DOJ and FTC.
When is the Lighthouse briefing delivered?
Our briefing is delivered directly to your inbox every trading day before the market opens (usually by 9:30 AM ET). This ensures you have the latest merger arb intelligence and exclusive scoops to act on before the opening bell.
Does Lighthouse track SEC filings like 13D or S-4?
Yes, our team of seasoned financial journalists analyzes all relevant SEC filings, including Schedule 13D, 13G, and S-4 forms, to extract critical deal insights and capture changes in institutional ownership that could impact deal spreads.
Why is daily intelligence critical for event-driven investing?
Deal dynamics in risk arbitrage change rapidly due to regulatory news, antitrust developments, and shareholder sentiments. Daily intelligence allows investors to adjust their positions based on the latest deal spread analysis and proprietary scoops.