Earn 6% in the next 5 months (merger arbitrage)
CKFR is currently trading at a 6 - 6.5% discount over its purchase price of $48 per share from Fiserv.
I feel I can earn more than 6.5% elsewhere in the mean time, so I won't be buying any CKFR, but for those who are looking to be more conversative with their money, this deal will provide you with a little over a 6% return by EOY. If you could keep finding deals identical to this one, the annual rate of return would be around 14.5%. Not too bad for so little risk.
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