KKR, and Goldman walked away from their buyout of stereo maker Harman (HAR) Friday afternoon. Of all the deals announced this summer how many will get done?

Jeff Macke says Harman got the rug yanked out from under them. He recommends running away from any M&A trades.

Karen Finerman feels differently. She says not all deals are the same. The most important aspect of any merger agreement, she says, are the terms which can allow a buyer out of a deal. Although the Harman deal fell apart others are more airtight.

Consequently she says the trade is Genesco (GCO) because she doesn’t feel lawyers can get out of this M&A deal. (Finish Line is buying Genesco)

Pete Najarian likes United Rentals (URI) for many of the same reasons. He too believes URI is in a deal that will go through.

Deals With Wheels

Deal: Finish Line (FINL) buying Genesco (GCO)
Spread: 17%
The trade: Buy (GCO)

Deal: Cerberus Capital Mgmt. Buying United Rentals (URI)
Spread: 6%
The trade: Buy (URI)

Trading The Art Of The Deal

HAR

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FINL

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GCO

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URI

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Trader disclosure: On Sept. 21, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (DIS), (INTC); Najarian Is Short(GS); Finerman's Firm Owns S&P Puts; Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm Owns (COP), (GE), (GCO), (NYX), (NMX), (USG), (LTD), (WMT); Fineram's Firm And Finerman Own (HD); NBC Universal Is The Parent Company Of CNBC

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