Merger Arbitrage: How to Profit from Event-Driven Arbitrage by Thomas Kirchner

Merger Arbitrage: How to Profit from Event-Driven Arbitrage



Merger Arbitrage: How to Profit from Event-Driven Arbitrage ebook




Merger Arbitrage: How to Profit from Event-Driven Arbitrage Thomas Kirchner ebook
Page: 370
Format: pdf
Publisher: Wiley
ISBN: 0470371978,


According to Mihaylo's calculations, INTL could be worth $28 after a recap, which is 5.6% more than shareholders would receive in the merger. Risk arbitrage hedge fund managers can employ an event-driven investment strategy or merger arbitrage investment strategy, seeking situations such as hostile takeovers, mergers and leveraged buyouts. Merger Arbitrage: How to Profit from Event-Driven Arbitrage Publisher: W i l e y | 2009 | PDF | ISBN: 0470371978 | 355 pages | 15.5 Mb Written by a fund manager who invests solely in merger. Merger arb fund having fun in J. Event driven strategies focus on temporary value changes produced by one-time events such as mergers, bankruptcies, and corporate restructuring. Let's say A merger arbitrageur might buy Circuit City shares, and short Blockbuster shares, hoping to profit from the eventual convergence of these values. Here's an example of merger arbitrage. 2) Event-Driven 3) Directional In event-driven hedge funds, managers look for stocks trading at discounts due to unusual circumstances. Analysts in hedge fund jobs using this strategy will often identify imbalances in Arbitrage Strategy Relative value, or arbitrage, strategies are employed by hedge funds that specialize in transactions across value differentials between types of related financial instruments. Alexander's (NashvillePost) A Dallas-based hedge fund that specializes in merger arbitrage and similar "event-driven investments" has declared a 5.1 percent stake in J. Chapter 1 of the book Merger Arbitrage: How To Profit From Event-Driven Arbitrage by Thomas Kirchner. Event-Driven Hedge Strategy Family Office Definition: Event-Driven Hedge Strategy Event-Driven Hedge Strategy definition: Event-driven hedge strategies profit from one-time events. Such circumstances can include merger arbitrage, distressed securities, and private placements. Available at Amazon, Barnes & Noble, Borders and other booksellers.