Description
Book SynopsisThe definitive guide to risk arbitrage, fully updated with new laws, cases, and techniques Risk Arbitrage is the definitive guide to the field and features a comprehensive overview of the theory, techniques, and tools that traders and risk managers need to be effective.
Table of ContentsAbout the Author xi
CHAPTER 1
Introduction 1
CHAPTER 2
What Is Risk Arbitrage? 9
CHAPTER 3
The Risk Arbitrage Industry 27
CHAPTER 4
Estimating the Return on a Risk Arbitrage Position 33
CHAPTER 5
Estimating the Risk of Arbitrage Transactions 61
CHAPTER 6
Estimating the Probability of a Transaction’s Occurrence 83
CHAPTER 7
The Risk Arbitrage Decision Process 107
CHAPTER 8
Hostile Takeovers 117
CHAPTER 9
Trading Tactics 149
CHAPTER 10
Portfolio Management 173
CHAPTER 11
The Exciting World of Risk Arbitrage 201
APPENDIX A: Tender Offer Document 215
APPENDIX B: Airgas/Air Products—Text of Court Decision 281
APPENDIX C: Whole Foods Markets—Excerpts from Proxy Statement 291
APPENDIX D: Straight Path Communications—Excerpts from Proxy Statement 299
APPENDIX E: Straight Path Communications—Excerpts from STRP’s 8-K Filed on April 13, 2017 329
Acknowledgments 337
Index 339
