Authors: Moore, Patrick Moore
ISBN-13: 9780471248842, ISBN-10: 0471248843
Format: Hardcover
Publisher: Wiley, John & Sons, Incorporated
Date Published: August 1999
Edition: (Non-applicable)
KEITH M. MOORE is Managing Partner of Jupiter Capital LLC, a hedge fund specializing in risk arbitrage. Prior to founding Jupiter Capital, he was a partner at Neuberger Berman, in charge of that firm's merger arbitrage and convertible arbitrage activities and a senior vice president in charge of merger arbitrage at Donaldson, Lufkin & Jenrette. Mr. Moore is also an adjunct professor of finance at New York University's Stern School of Business and an adjunct member of the faculty at the University of Rhode Island.
A much-needed, up-to-date primer on the risk arbitrage investment process. Widely popular during the M&A boom of the early '80s, risk arbitrage is making a comeback. This complete resource takes investors through the ins and outs of risk arbitrage, explaining how it works and how to apply it in real-world situations. It also presents a systematic approach to risk arbitrage techniques that work in today's market.
This book fills a surprising void on the subject of arbitrage at a time that could not be more propitious. It is written clearly and comprehensively and should be helpful to all who are interested in the subject, regardless of experience.
1 | Introduction | 1 |
2 | What Is Risk Arbitrage? | 7 |
3 | The Risk Arbitrage Industry | 21 |
4 | Return | 27 |
5 | Risk | 53 |
6 | Probability | 73 |
7 | The Risk Arbitrage Decision Process | 93 |
8 | Contested Takeovers | 103 |
9 | Trading Tactics | 137 |
10 | Portfolio Management | 151 |
11 | The Exciting World of Risk Arbitrage | 169 |
App. 1 | Tender Offer Document | 177 |
App. 2 | Wallace Computer Services - Text of Court Decision | 235 |
Index | 283 |