Coronavirus sows doubt over corporate acquirers coming through
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NEW YORK (Reuters) - The coronavirus pandemic has virtually eliminated shaking hands. Its economic impact now has investors doubting whether many companies which shook on mergers and acquisitions will see them completed.Traders and fund managers say the spread between agreed deal prices and subsequent trading in the stock of the acquisition targets is the widest they have ever come across. "I have been doing this for 25 years, and I have never seen panic like this coming out of merger arbitrage..