Merger arbitrage
In German: Fusionsarbitrage
Buying the shares of a takeover target after the announcement, below the offer price, to earn the spread when the deal closes. Small, steady gains; large losses if the deal fails.
In German: Fusionsarbitrage
Buying the shares of a takeover target after the announcement, below the offer price, to earn the spread when the deal closes. Small, steady gains; large losses if the deal fails.