merger arbitrage การใช้

• Merger arbitrage also called risk arbitrage would be an example of this.
• For example, some of the short position in Compaq no doubt reflects merger arbitrage.
• Investors, however, also sell short for a variety of other strategies, including merger arbitrage.
• Risk arbitrage or merger arbitrage includes such events as mergers, acquisitions, liquidations, and hostile takeovers.
• One of the more-notable areas of arbitrage, called risk arbitrage or merger arbitrage, evolved in the 1980s.
• Investors also sell short for merger arbitrage.
• In the 1980s, the firm generally avoided many of the hottest areas including underwriting junk bonds, hostile takeovers and merger arbitrage.
• The bet in a merger arbitrage is that such a spread will eventually be zero, if and when the takeover is completed.
• The firm operates multiple investment strategies, including merger arbitrage, convertible arbitrage, equity restructuring, credit and distressed investments, private investments, and real estate.
• "AT & T and Morgan's valuation is shockingly low, " said George Kellner of Kellner, DiLeo & Co ., a merger arbitrage firm.
• Together with his wife Victoria, he formed the investment firm Alpine Associates in 1976, which focuses on merger arbitrage, bankruptcy and other investment strategies.
• "AT & AMP; T and Morgan's valuation is shockingly low, " said George Kellner of Kellner, DiLeo & AMP; Co ., a merger arbitrage firm.
• Traditional hedge funds, loosely regulated investment partnerships that use complex strategies like short-selling and merger arbitrage, are not required to disclose their holdings or performance.
• Merger arbitrage generally consists of buying the stock of a company that is the target of a takeover while shorting the stock of the acquiring company.
• In May, three top analysts who headed the firm's " special situations " investments, including merger arbitrage, departed to form a new money-management firm, Satellite Asset Management.
• Although the fallout from the demise of Long-Term Capital Management LP is 12 months old, he noted, not as much Wall Street money is chasing merger arbitrage.
• The bond geniuses tried to compensate for diminished opportunity by diversifying into newer and more esoteric markets, such as Russian bonds and merger arbitrage in the United States.
• The slippage can be attributed in part to normal merger arbitrage, in which some traders buy the target _ Compaq _ and sell short the acquirer _ Hewlett-Packard.
• As investment banks are key figures in mergers and acquisitions, it is possible ( though prohibited ) for traders to use inside information to engage in merger arbitrage.
• Short positions on companies that have recently announced mergers often reflect a trading strategy called merger arbitrage, in which speculators buy shares of one company and sell shares in the other.