One of my models, which attempts to avoid pending merger companies whether being acquired or acquiring, still holds PLD after a June 13 merger agreement announcement. I’ve used buy rules such as:
PendingCorpAct (#MANDA ) = FALSE AND PastCorpAct(#MANDA) = FALSE
or
IsNA(DaysFromMergerAnn,0) < 1
combined with opposite logic sell rules, and PLD is still held after weekly reconstitutions through August 8. Is this just a case of missing data for that company or is my approach incomplete?
[url=https://www.prnewswire.com/news-releases/prologis-to-combine-with-duke-realty-in-26-billion-all-stock-transaction-301566488.html]https://www.prnewswire.com/news-releases/prologis-to-combine-with-duke-realty-in-26-billion-all-stock-transaction-301566488.html[/url]