NISM Professor

Merger Arbitrage Strategy

An event-driven strategy taking a long position in the target company's shares and a short or long position in the acquiring company's shares, to profit from the spread created by the acquisition premium and the…

This one is not written up yet

The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.

Written up from the same chapter

Where this is taught

Free preparation for NISM Series XIX-B
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