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

Merger Arbitrage: How to Profit from Event-Driven Arbitrage



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




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


To a large extent, the pain of non-votes is self-inflicted. Considering how the merger revival that so many strategists and analysts predicted has not occurred, the event-driven community is in all the same names. Merger Arbitrage/Risk Arbitrage research analyst. However, IsoTis stands out because nobody opposes the merger with Integra. Merger Arbitrage- How to Profit from Event-Driven Arbitrage. Here's an example of merger arbitrage. There are several variations of this strategy, one being merger arbitrage, in which a manager bets on the price of the company to be acquired, hoping it will be different from what the marketplace anticipates it will be. Whether these ETFs use long/short strategies, merger arbitrage or event-driven trading, what investors most often focus on is bottom line returns. Merger Arbitrage: How to Profit from Event Driven Arbitrage. A leading firm is looking to add a senior research analyst to their event-driven trading desk in London. Event Driven – this strategy bases its investment on a particular event, a common example of which is investing in a “distressed” READ: bankrupt company. 2) Event-Driven 3) Directional In event-driven hedge funds, managers look for stocks trading at discounts due to unusual circumstances. With over 7,000 hedge funds, there the positions at a profit. Thomas Kirchner – Merger Arbitrage How to Profit from Event-Driven Arbitrage Thomas R. Seeks to exploit deviations of market prices Event Driven Hedge Fund Strategy Below please find a definition of "Event Driven Strategy" Event Driven Strategy: An approach that seeks to anticipate certain events, such as mergers or corporate restructurings. Thomas Kirchner manages the Pennsylvania Avenue Event-Driven Fund (PAEDX), which holds arbitrage positions in SPACs not mentioned here. Below please find a definition of “Merger Arbitrage Fund” Merger Arbitrage Fund: Trading the stocks of companies that have announced acquisitions or are the targets of acquisitions. Disclosure: Thomas Kirchner manages the Pennsylvania Avenue Event-Driven Fund [PAEDX], which owns shares of Wilshire Enterprises and has submitted a proposal to abolish the poison pill. 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. Such circumstances can include merger arbitrage, distressed securities, and private placements.

Pdf downloads: