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 pdf free




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


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. A detailed look at an important hedge fund strategy. A common trait is that the author of the opinion goes to great lengths to discredit their own findings that the merger consideration is at the low end of, or even below, the valuation range that they determine. Special situations brokers have traditionally catered to merger arbitrage and event-driven funds. 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. In KeyBanc's case, only the premium paid analysis looks Disclosure: Thomas Kirchner manages the Pennsylvania Avenue Event-Driven Fund [PAEDX], which owns shares of Max & Ermas Restaurants Inc. However, IsoTis stands out because nobody opposes the merger with Integra. Event-driven funds seek to profit from securities whose value is affected by events such as mergers and acquisitions, and reorganizations. Once or twice every decade, M&A markets go through a bust and returns of merger arbitrage and event-driven funds slip. To a large extent, the pain of non-votes is self-inflicted. Industry, serving traders looking to profit from events including corporate catalysts, takeovers, mergers and restructuring deals. Paulson's Gold Fund, which can buy The firm's merger arbitrage, credit and recovery funds, which comprise more than 60 percent of the firm's $21 billion in assets, rose this year on the firm's “long event positions,” Paulson said today in the letter to clients. The fund, which seeks to profit from corporate events such as takeovers and bankruptcies and uses leverage to amplify returns, is down 18 percent this year with the July loss. Merger Arbitrage- How to Profit from Event-Driven Arbitrage. This article was sent to people who get email alerts on .