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

Format:

Book

Author/Creator:

Welling, Kate, author.

Gabelli, Mario, author.

Series:

Heilbrunn Center for Graham & Dodd Investing Series

Language:

English

Subjects (All):

Arbitrage--Case studies.

Arbitrage.

Consolidation and merger of corporations--Case studies.

Consolidation and merger of corporations.

Investments--Case studies.

Investments.

Physical Description:

1 online resource (ix, 296 pages) : illustrations

Place of Publication:

New York, NY : Columbia University Press, [2018]

Language Note:

In English.

Summary:

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.

Contents:

Frontmatter

Contents

Acknowledgments / Welling, Kate

Abbreviations and Wall Street Terms

Introduction. Why This Book? / Gabelli, Mario J.

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

Notes:

Includes index.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 23. Jan 2019)

ISBN:

9780231548915

0231548915

OCLC:

1038024215