CommScope Risk Arb

We should call this merger Monday with all of these deal announcements today. I picked up some CommScope, Inc. (Ticker: CTV) today at $30.00. This company is getting close to be taken out by the private equity firm, Carlyle Group for $31.50 in cash. I view this as a pretty good risk return with the potential to generate a 5% over a 3 to 4 month period. I’m still eyeing some of the deals that were announced today such as Pre-Paid Legal Services, Inc. (Ticker: PPD).