Merger Masters : : Tales of Arbitrage / / Mario Gabelli, Kate Welling.

• Superior document: Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2018
• VerfasserIn: Welling, Kate,; Gabelli, Mario,
• MitwirkendeR: Gabelli, Mario J.,; Welling, Kate,
• Place / Publishing House: New York, NY : : Columbia University Press, , [2018]; ©2019
• Year of Publication: 2018
• Language: English
• Series: Heilbrunn Center for Graham & Dodd Investing Series
• Physical Description: 1 online resource :; 20 b&w illustrations

Merger Masters presents revealing profiles of monumentally successful merger investors based on exclusive interviews with some of the greatest minds to practice the art of arbitrage. Michael Price, John Paulson, Paul Singer, and others offer practical perspectives on how their backgrounds in the risk-conscious world of merger arbitrage helped them make their biggest deals. They share their insights on the discipline that underlies their fortunes, whether they practice the "plain vanilla" strategy of announced deals, the aggressive strategy of activist investment, or any strategy in between on the risk spectrum.Merger Masters delves into the human side of risk arbitrage, exploring how top practitioners deal with the behavioral aspects of generating consistent profits from risk arbitrage. The book also includes perspectives from the other side of the mergers and acquisitions divide in the form of interviews with a trio of iconic CEOs: Bill Stiritz, Peter McCausland, and Paul Montrone. All three took advantage of M&A opportunities to help build long-term returns but often found themselves at odds with the short-term focus of Wall Street and merger investors. Told in lively, accessible prose, with bonus facts and figures for transaction junkies, Merger Masters is an incomparable set of stories with plenty of unfiltered lessons from the best managers of our time.

Table of Contents

Frontmatter -- Contents -- Acknowledgments -- Abbreviations and Wall Street Terms -- Introduction. Why This Book? -- Part I: The Arbs' Perspectives -- Chapter One. Guy Wyser-Pratte -- Chapter Two. Jeffrey Tarr -- Chapter Three. Martin Gruss -- Chapter Four. Paul Singer -- Chapter Five. Michael Price -- Chapter Six. Peter Schoenfeld -- Chapter Seven. John Paulson -- Chapter Eight. Paul Gould -- Chapter Nine. George Kellner -- Chapter Ten. Roy Behren and Michael Shannon -- Chapter Eleven. Karen Finerman -- Chapter Twelve. John Bader -- Chapter Thirteen. Clint Carlson -- Chapter Fourteen. James Dinan -- Chapter Fifteen. Drew Figdor -- Chapter Sixteen. Jamie Zimmerman -- Part II: The View from the Other Side-The CEOs -- Chapter Eighteen. William Stiritz -- Chapter Nineteen. Paul Montrone -- Chapter Twenty. Peter McCausland -- Appendix One: Risk Arbitrage Decision Tree -- Appendix Two: Deals -- Appendix Three: A Note On Methods -- Index