Simply stated, risk arbitrage is investing in a merger or acquisition target and holding the stock until the deal closes. Regina Pitaro, a veteran of 20 years, brings us into the inner sanctum of Wall Street to reveal the secrets of merger and acquisition arbitrage. The practice of merger arbitrage has arisen from the takeovers and consolidations that have transformed business for the past 100 years. Deals . . . Deals and More Deals examines the history of arbitrage, from the great consolidators of the late 19th Century to the recent U.S. megadeals.
Deals are back.
Since 1994, the value of U.S. deals has increased five-fold. With over 10,000 transactions last year, this investment strategy shows every sign of becoming an even greater source of profits as we head into the 21st Century. Participate in the analysis of some of the biggest deals of our time, assessing the risk and return characteristics of each transaction. Visit the players, from the Chief Executive Officer of a targeted corporation, to the regulator in Washington who can make or break a deal. The proven strategies in Deals . . .