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005 | 20170713221326.0 | ||
006 | m o d | ||
007 | cr |n||||||||| | ||
008 | 130211s2012 nyu o 000 0 eng d | ||
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020 |
_a9781118818497 _q(electronic bk.) |
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020 |
_a1118818490 _q(electronic bk.) |
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020 | _a1299965784 | ||
020 | _a9781299965782 | ||
020 | _z9781118440070 | ||
020 | _z1118440072 | ||
029 | 1 |
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035 | _a(OCoLC)827208387 | ||
050 | 4 | _aHG4521 .M434 2012 | |
082 | 0 | 4 | _a658.162 |
049 | _aMAIN | ||
100 | 1 | _aMelka, Lionel. | |
245 | 1 | 0 |
_aMerger Arbitrage : _ba Fundamental Approach to Event-Driven Investing. |
260 |
_aNew York : _bWiley, _c2012. |
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300 | _a1 online resource (312 pages). | ||
336 |
_atext _btxt _2rdacontent |
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337 |
_acomputer _bc _2rdamedia |
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338 |
_aonline resource _bcr _2rdacarrier |
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490 | 1 | _aThe Wiley Finance Series | |
505 | 0 | _aMerger Arbitrage; Contents; Foreword; Acknowledgements; About the Authors; Introduction; PART I THE ARBITRAGE PROCESS; 1 The Role of the Market in Mergers and Acquisitions; 1.1 Structural Changes to the Financial Markets; 1.2 Changes to M & A Practice; 1.3 Market Evaluation of M & A; 1.3.1 The price offered to shareholders of the target company; 1.3.2 Structure -- the key to evaluating an offer; 1.4 Types of Synergies and Waves of M & A; 1.4.1 Justification for transactions; 1.4.1.1 Better efficiency; 1.4.1.2 Obtaining market power; 1.4.1.3 Acquiring specific resources. | |
505 | 8 | _a1.4.1.4 Benefiting from the intellectual property of the target company1.4.1.5 Hindering the progress of a troublesome competitor; 1.4.1.6 Blocking new entrants to a sector; 1.4.2 Waves of M & A; Case Study: The Alcan/Pechiney Deal; 2 The Different Types of Transactions; 2.1 Types of Transactions; 2.1.1 Cash transactions; 2.1.2 All-share transactions; 2.1.3 Mixed cash-and-share transactions; 2.1.4 Collars; 2.2 The Choice of Payment Method; 3 Risk and Return Factors; 3.1 The Different Outcomes; 3.1.1 The transaction is completed; 3.1.1.1 The probability of success; 3.1.1.2 Risks of failure. | |
505 | 8 | _a3.1.2 The transaction fails3.1.2.1 Estimating failure; 3.1.2.2 Estimating potential losses; 3.1.3 The transaction is completed at a price lower than the initial offer; 3.1.4 Rival bids and bidding wars; 3.2 M & A Timetable; 3.2.1 Timetable considerations according to offer type; 3.2.1.1 Takeovers; 3.2.1.2 The unique case of tender offers; 3.2.1.3 Mergers; 3.2.2 Sector differences; 4 The Merger Arbitrage Strategy; 4.1 The Long-Term Profitability of the Strategy; 4.2 The Factors that Influence Returns; 4.3 The Different Approaches to the Strategy Developed by Specialist Managers. | |
505 | 8 | _a4.3.1 The deal's risk zone4.3.2 The use of leverage; 4.3.3 The use of options or bonds; 4.3.4 Investment portfolio analysis; 4.3.5 Portfolio concentration; 4.3.6 The role of trading; 4.3.7 Classifications; 4.4 The Conclusions of Academic Studies; 4.4.1 Studies on the returns generated by merger arbitrage strategies; 4.4.2 The role of arbitrageurs in the execution of M & A transactions; 4.4.3 Other characteristics of merger arbitrage strategies; PART II ANALYZING THE RISK OF FAILURE; 5 Financing Risk; 5.1 The Different Financing Methods; 5.1.1 Revolving credit; 5.1.2 Bridge loan; 5.1.3 Term loan. | |
505 | 8 | _a5.1.4 Syndicated loan5.1.5 Mezzanine loans; 5.1.6 The bond market; 5.1.7 Contingent value rights (CVRs); 5.2 The Legal Security of the Financing; 5.2.1 The UK legal framework; 5.2.2 The US legal framework; 5.2.3 The European legal framework in general; Case Study: The Dow Chemical/Rohm & Haas Deal; 6 Competition Risk; 6.1 Origins and Regulatory Framework of Competition Law; 6.1.1 United States; 6.1.2 Europe; 6.2 Competent Authorities and Approval Process; 6.2.1 United States; 6.2.2 Europe; 6.2.3 China; 6.3 Competition Remedies; 6.4 Country Differences in Evaluation. | |
500 | _a6.5 The Allocation of Competition Risk between the Parties. | ||
520 | _aA wave of corporate mergers, acquisitions, restructuring, and similar transactions has created unprecedented opportunities for those versed in contemporary risk arbitrage techniques. At the same time, the nature of the merger wave has lent such transactions a much higher degree of predictability than ever before, making risk arbitrage more attractive to investors. Surprisingly, there is little transparency and instruction for investors interested in learning the latest risk arbitrage techniques. Merger Arbitrage - A Fundamental Approach to Event-Driven Investing helps readers underst. | ||
588 | 0 | _aPrint version record. | |
650 | 0 | _aArbitrage. | |
650 | 0 | _aConsolidation and merger of corporations. | |
650 | 0 | _aStock exchanges and current events. | |
650 | 4 | _aBusiness. | |
650 | 7 |
_aArbitrage. _2fast _0(OCoLC)fst00812760 |
|
650 | 7 |
_aConsolidation and merger of corporations. _2fast _0(OCoLC)fst00875660 |
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650 | 7 |
_aStock exchanges and current events. _2fast _0(OCoLC)fst01133593 |
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655 | 4 | _aElectronic books. | |
700 | 1 | _aShabi, Amit. | |
776 | 0 | 8 |
_iPrint version: _aMelka, Lionel. _tMerger Arbitrage : A Fundamental Approach to Event-Driven Investing. _dNew York : Wiley, ©2012 _z9781118440018 |
830 | 0 | _aWiley finance series. | |
856 | 4 | 0 |
_uhttp://onlinelibrary.wiley.com/book/10.1002/9781118818497 _zWiley Online Library [Free Download only for SUST IP] |
938 |
_aEBL - Ebook Library _bEBLB _nEBL1118498 |
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938 |
_aIngram Digital eBook Collection _bIDEB _ncis26316099 |
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994 |
_a92 _bDG1 |
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999 |
_c63921 _d63921 |