Book description
Originally published in 1982, Risk Arbitrage has become a classic on
arbitrage strategies by the "dean of the arbitrage community."
It provides an overview of risk arbitrage, how it has been used over the
centuries and particularly in modern markets, with a focus on merger
arbitrage. From average expected returns to turning a position, cash
tender offers, exchange offers, recapitalizations, spinoffs, stub
situations, limited risk arbitrage, and corporate freeze-ins, the book
provides a step by step walk through of a world of arb strategies
illuminated by real world examples and case studies.
Guy P. Wyser-Pratte, MBA, is a leading activist hedge fund manager
and considered by many to be the founding father of shareholder
activism. Since 1991, he has run Wyser-Pratte & Co., which has
racked up impressive returns of 25 percent annually. He is the
recipient of the Alternative Investment News 2007 Lifetime Achievement
Award and is a frequent speaker at investment conferences.
