{"product_id":"merger-arbitrage-how-to-profit-from-global-event-driven-arbitrage-9781118736357","title":"Merger Arbitrage: How to Profit from Global Event-Driven Arbitrage","description":"\u003cb\u003eMitigate risk and increase returns with an alternative hedge fund strategy\u003c\/b\u003e \u003cp\u003e\u003ci\u003eMerger Arbitrage: How to Profit from Event-Driven Arbitrage, Second Edition\u003c\/i\u003e 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.\u003c\/p\u003e \u003cp\u003eAnd 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: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eWorldwide legal deal regimes\u003c\/li\u003e \u003cli\u003eUK takeover code\u003c\/li\u003e \u003cli\u003eUK takeover code global offspring\u003c\/li\u003e \u003cli\u003eRegulators around the world\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe 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. \u003ci\u003eMerger Arbitrage: How to Profit from Event-Driven Arbitrage, Second Edition\u003c\/i\u003e provides the information that gives investors an edge in the merger arbitrage arena.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Thomas Kirchner\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Wiley\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/25\/2016\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 528\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.65lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.20h x 6.10w x 1.80d\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9781118736357\u003cbr\u003e\u003cp\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eTHOMAS F. KIRCHNER\u003c\/b\u003e is a portfolio manager of the Quaker Event Arbitrage Fund, a mutual fund that uses merger arbitrage as one of its investment strategies.\u003c\/p\u003e\u003cbr\u003e\u003cp\u003e\u003ci\u003eThis title is not returnable\u003c\/i\u003e\u003cbr\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Hardcover","offer_id":41022301339763,"sku":"9.78112E+12","price":113.21,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0555\/9255\/0515\/products\/img_ca184d35-3532-42e2-b183-fee83c8f3bba.jpg?v=1697726583","url":"https:\/\/bookstorenmore.com\/products\/merger-arbitrage-how-to-profit-from-global-event-driven-arbitrage-9781118736357","provider":"Bookstore N More","version":"1.0","type":"link"}