Merger arbitrage: how to profit from global event-driven arbitrage
"Mitigate risk and increase returns with an alternative hedge fund strategy Merger Arbitrage: How to Profit from Event-Driven Arbitrage, Second Edition is the definitive guide to the ins and outs of the burgeoning merger arbitrage hedge fund strategy, with real-world examples that illustrate ho...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Hoboken, New Jersey
Wiley
[2016]
|
| Ausgabe: | Second edition |
| Schriftenreihe: | Wiley finance series
|
| Schlagworte: | |
| Online-Zugang: | FRO01 UBG01 URL des Erstveröffentlichers Inhaltsverzeichnis |
| Zusammenfassung: | "Mitigate risk and increase returns with an alternative hedge fund strategy Merger Arbitrage: How to Profit from Event-Driven Arbitrage, Second Edition is the definitive guide to the ins and outs of the burgeoning merger arbitrage hedge fund strategy, with real-world examples that illustrate how mergers work and how to take advantage of them. Author Thomas Kirchner, founder of the Pennsylvania Avenue Event-Driven Fund, discusses the factors that drove him to invest solely in merger arbitrage and other event-driven strategies, and details the methods used to incorporate merger arbitrage into traditional investment strategies. And while there is always a risk that a deal will fall through, the book explains how minimal such risks really are when the potential upside is factored in. Early chapters of the book focus on the basics of the merger arbitrage strategy, including an examination of mergers and the incorporation of risk into the arbitrage decision. Following chapters detail deal structures, financing, and legal aspects to provide the type of in-depth knowledge required to execute an effective investment strategy. The updated second edition stresses new, increasingly relevant information like: Worldwide legal deal regimes UK takeover code UK takeover code global offspring Regulators around the world The book provides clear, concise guidance on critical considerations including leverage and options, shorting stocks, and legal recourse for inadequate merger consideration, allowing readers to feel confident about trying a new investment strategy. With simple benefits including diversification of risk and return streams, this alternative hedge fund strategy has a place in even the most traditional plan. Merger Arbitrage: How to Profit from Event-Driven Arbitrage, Second Edition provides the information that gives investors an edge in the merger arbitrage arena"-- |
| Beschreibung: | Includes index. - Includes bibliographical references and index |
| Beschreibung: | 1 online resource |
| ISBN: | 1118736354 1118736664 111873680X 1118834992 9781118736357 9781118736661 9781118736807 9781118834992 |
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| 520 | |a "Mitigate risk and increase returns with an alternative hedge fund strategy Merger Arbitrage: How to Profit from Event-Driven Arbitrage, Second Edition is the definitive guide to the ins and outs of the burgeoning merger arbitrage hedge fund strategy, with real-world examples that illustrate how mergers work and how to take advantage of them. Author Thomas Kirchner, founder of the Pennsylvania Avenue Event-Driven Fund, discusses the factors that drove him to invest solely in merger arbitrage and other event-driven strategies, and details the methods used to incorporate merger arbitrage into traditional investment strategies. And while there is always a risk that a deal will fall through, the book explains how minimal such risks really are when the potential upside is factored in. Early chapters of the book focus on the basics of the merger arbitrage strategy, including an examination of mergers and the incorporation of risk into the arbitrage decision. Following chapters detail deal structures, financing, and legal aspects to provide the type of in-depth knowledge required to execute an effective investment strategy. The updated second edition stresses new, increasingly relevant information like: Worldwide legal deal regimes UK takeover code UK takeover code global offspring Regulators around the world The book provides clear, concise guidance on critical considerations including leverage and options, shorting stocks, and legal recourse for inadequate merger consideration, allowing readers to feel confident about trying a new investment strategy. With simple benefits including diversification of risk and return streams, this alternative hedge fund strategy has a place in even the most traditional plan. Merger Arbitrage: How to Profit from Event-Driven Arbitrage, Second Edition provides the information that gives investors an edge in the merger arbitrage arena"-- | ||
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Datensatz im Suchindex
| _version_ | 1804176701325836288 |
|---|---|
| adam_text | Titel: Merger arbitrage
Autor: Kirchner, Thomas
Jahr: 2016
Preface
Acknowledgments
PART ONE
The Arbitrage Process
CHAPTER 1
Introduction to Merger Arbitrage
CHAPTER 2
The Mechanics of Merger Arbitrage
CHAPTERS
The Role of Merger Arbitrage in a Diversified Portfolio
CHAPTER 4
Incorporating Risk into the Arbitrage Decision
PART TWO .
Pitfalls of Merger Arbitrage
CHAPTER 5
Sources of Risk and Return
CHAPTER 0
Deal Structures: Mergers and Tender Offers
CHAPTER 7
Financing
vii
xi
1
3
18
50
103
141
143
188
217
CHAPTER 8
Legal Aspects 250
CHAPTER 9
Management Incentives 293
CHAPTER 10
Buyouts by Private Equity 328
CHAPTER 11
Minority Squeeze-Outs 341
PART THREE
Investing in Merger Arbitrage 361
CHAPTER 12
Government Involvement 383
CHAPTER 13
Four Ways to Fight Abuse of Shareholders in Mergers 409
CHAPTER 14
Investing in Arbitrage 435
Notes 475
About the Author 483
Exercises 485
Index 487
|
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| author | Kirchner, Thomas 1968- |
| author_facet | Kirchner, Thomas 1968- |
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| dewey-full | 332.63/2 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 332 - Financial economics |
| dewey-raw | 332.63/2 |
| dewey-search | 332.63/2 |
| dewey-sort | 3332.63 12 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| edition | Second edition |
| format | Electronic eBook |
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| id | DE-604.BV043835399 |
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| indexdate | 2024-07-10T07:36:22Z |
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| language | English |
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| spelling | Kirchner, Thomas 1968- aut Merger arbitrage how to profit from global event-driven arbitrage Thomas Kirchner Second edition Hoboken, New Jersey Wiley [2016] 1 online resource txt rdacontent c rdamedia cr rdacarrier Wiley finance series Includes index. - Includes bibliographical references and index "Mitigate risk and increase returns with an alternative hedge fund strategy Merger Arbitrage: How to Profit from Event-Driven Arbitrage, Second Edition is the definitive guide to the ins and outs of the burgeoning merger arbitrage hedge fund strategy, with real-world examples that illustrate how mergers work and how to take advantage of them. Author Thomas Kirchner, founder of the Pennsylvania Avenue Event-Driven Fund, discusses the factors that drove him to invest solely in merger arbitrage and other event-driven strategies, and details the methods used to incorporate merger arbitrage into traditional investment strategies. And while there is always a risk that a deal will fall through, the book explains how minimal such risks really are when the potential upside is factored in. Early chapters of the book focus on the basics of the merger arbitrage strategy, including an examination of mergers and the incorporation of risk into the arbitrage decision. Following chapters detail deal structures, financing, and legal aspects to provide the type of in-depth knowledge required to execute an effective investment strategy. The updated second edition stresses new, increasingly relevant information like: Worldwide legal deal regimes UK takeover code UK takeover code global offspring Regulators around the world The book provides clear, concise guidance on critical considerations including leverage and options, shorting stocks, and legal recourse for inadequate merger consideration, allowing readers to feel confident about trying a new investment strategy. With simple benefits including diversification of risk and return streams, this alternative hedge fund strategy has a place in even the most traditional plan. Merger Arbitrage: How to Profit from Event-Driven Arbitrage, Second Edition provides the information that gives investors an edge in the merger arbitrage arena"-- BUSINESS & ECONOMICS / Finance bisacsh Arbitrage fast Consolidation and merger of corporations fast Stock exchanges and current events fast Wirtschaft Arbitrage Consolidation and merger of corporations Stock exchanges and current events Erscheint auch als Druckausgabe 978-1-118-73635-7 https://onlinelibrary.wiley.com/doi/book/10.1002/9781118834992 Verlag URL des Erstveröffentlichers Volltext HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=029246076&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Kirchner, Thomas 1968- Merger arbitrage how to profit from global event-driven arbitrage BUSINESS & ECONOMICS / Finance bisacsh Arbitrage fast Consolidation and merger of corporations fast Stock exchanges and current events fast Wirtschaft Arbitrage Consolidation and merger of corporations Stock exchanges and current events |
| title | Merger arbitrage how to profit from global event-driven arbitrage |
| title_auth | Merger arbitrage how to profit from global event-driven arbitrage |
| title_exact_search | Merger arbitrage how to profit from global event-driven arbitrage |
| title_full | Merger arbitrage how to profit from global event-driven arbitrage Thomas Kirchner |
| title_fullStr | Merger arbitrage how to profit from global event-driven arbitrage Thomas Kirchner |
| title_full_unstemmed | Merger arbitrage how to profit from global event-driven arbitrage Thomas Kirchner |
| title_short | Merger arbitrage |
| title_sort | merger arbitrage how to profit from global event driven arbitrage |
| title_sub | how to profit from global event-driven arbitrage |
| topic | BUSINESS & ECONOMICS / Finance bisacsh Arbitrage fast Consolidation and merger of corporations fast Stock exchanges and current events fast Wirtschaft Arbitrage Consolidation and merger of corporations Stock exchanges and current events |
| topic_facet | BUSINESS & ECONOMICS / Finance Arbitrage Consolidation and merger of corporations Stock exchanges and current events Wirtschaft |
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