The definitive guide to risk arbitrage, fully updated with new laws, cases, and techniques Risk Arbitrage is the definitive guide to the field and features a comprehensive overview of the theory, techniques, and tools that traders and risk managers need to be effective. This new edition is completely updated and fully revised to reflect the changes to laws and technology and includes new case studies and a detailed discussion of computer-based trading systems. Readers gain deep insight into the factors and policies that affect merger transactions, and the new developments that allow individuals to compete with professionals in managing risk arbitrage portfolios. The book provides techniques for computing spreads and determining risk, with practice exercises that allow readers to become confident with new methods before using them professionally. The current wave of corporate mergers, acquisitions, restructurings, and similar transactions has created unprecedented opportunities for those versed in contemporary risk arbitrage techniques. At the same time, the nature of the current merger wave has lent such transactions a much higher degree of predictability than ever before, making risk arbitrage more attractive to all types of investors. Risk Arbitrage provides the essential guidance needed to participate in the business. Get up to date on the most recent developments in risk arbitrage Examine new mergers and the legal changes that affect them Learn how computers and trading systems have affected competition Use the tools that enable risk determination and spread computation Both the growth in hedge funds and the changing nature of the merger and acquisition business have affected risk arbitrage processes and techniques. For the finance professional who needs expert guidance and the latest information, Risk Arbitrage is a comprehensive guide.
This is the definitive book on one of the most effective forms of arbitrage.
Merger arbitrage is one of the most commonly used strategies but paradoxically one of the least known. This book puts it in the spotlight and explains how fund managers are able to benefit from mergers and acquisitions.
For those looking to gain an edge in the merger arbitrage arena, this book has everything they need to succeed.
Chinese Translation of English version of Deals Deals and More Deals
Where's the Risk in Risk Arbitrage?
Deals--deals--and More Deals: Risk Arbitrage : the Announcement of a Merger is the Beginning of an Opportunity
The book also includes perspectives from the other side of the mergers and acquisitions divide in the form of interviews with a trio of iconic CEOs: Bill Stiritz, Peter McCausland, and Paul Montrone.
This book analyses risk arbitrage in U.S. financial markets directed towards finance professionals and scholars.In particular, two research questions are pursued-(1) What are the effects of stock market, business conditions as well as the ...
How do I reduce the effort in the Risk arbitrage work to be done to get problems solved? How can I ensure that plans of action include every Risk arbitrage task and that every Risk arbitrage outcome is in place?
A successful Wall Street financier explains the rules and strategies of betting on the outcome of corporate takeovers--strategies that have earned him more than two-hundred-million dollars