Merger Arbitrage: How to Profit from Event-Driven Arbitrage - ISBN:0470371978

Merger Arbitrage: How to Profit from Event-Driven Arbitrage

Date: 28 April 2011, 05:10

Free register and download UseNet downloader, then you can FREE Download from UseNet.

Download without Limit " Merger Arbitrage: How to Profit from Event-Driven Arbitrage " from UseNet for FREE!

Merger Arbitrage: How to Profit from Event-Driven Arbitrage (Wiley Finance)
By Thomas Kirchner
* Publisher: Wiley
* Number Of Pages: 355
* Publication Date: 2009-08-03
* ISBN-10 / ASIN: 0470371978
* ISBN-13 / EAN: 9780470371978
Product Description:
A detailed look at an important hedge fund strategy
Written by a fund manager who invests solely in merger arbitrage, also referred to as risk arbitrage, and other event-driven strategies, Merger Arbitrage is the definitive book on how this alternative hedge fund strategy works. Initial chapters are dedicated to the ins and outs of the strategy–cash mergers versus stock for stock mergers, legal aspects of mergers, and pitfalls of the merger process–while later chapters focus on giving the reader sound advice for integrating merger arbitrage into an investment portfolio. Merger Arbitrage helps readers understand leverage and options, shorting stocks, and legal aspects of merger arbitrage, including seeking appraisal or filing lawsuits for inadequate merger consideration. For those looking to gain an edge in the merger arbitrage arena, this book has everything they need to succeed.
Thomas F. Kirchner, CFA (New York, NY), is the founder and portfolio manager of Pennsylvania Avenue Funds (www.pennavefunds.com), which invests in merger arbitrage and other event-driven strategies.
Summary: Highly readable and informative
Rating: 5
Merger Arbitrage is informative and engaging and if you like finance and investing you will love this book, even if you haven't spent more than five minutes in your life thinking about mergers & acquisitions. A more descriptive title might have been 99 Mergers because that's essentially what the book is, the definitive collection of mergers and what we can learn from each one.
There are hostile takeovers, management buyouts, bidding wars, busted mergers, spinoffs, proxy wars, insider scams, activist shareholders, private equity kings, anti-trust suits, appraisal actions, and a few other situations that you've never thought of but should know about because let's face it, anything can and does happen in the financial markets.
It is a fun and informative read and Kirchner includes enough statistics to let us see the big picture, for example what mergers are more likely to succeed and why, both for firms and investors. It is also pro-shareholder and pro-investor and rightfully skeptical about both Wall Street (including private equity) and management. I still have one chapter to go in the book but am already recommending it to my friends and colleagues who have an interest in the markets.

Download Links:

Download Link (High Speed Download)

Download Link (http://rapidshare.com/...04)

DISCLAIMER:

This site does not store Merger Arbitrage: How to Profit from Event-Driven Arbitrage on its server. We only index and link to Merger Arbitrage: How to Profit from Event-Driven Arbitrage provided by other sites. Please contact the content providers to delete Merger Arbitrage: How to Profit from Event-Driven Arbitrage if any and email us, we'll remove relevant links or contents immediately.