Merger-Arbitrage Investors With Billions to Wager Await Next Wave of Mega-Deals
(Bloomberg) -- Merger arbitrage investors are finally enjoying gains again after their trading strategy resulted in some first-half windfalls. Now, with fresh billions to wager, all they need is a new wave of dealmaking. Most Read from BloombergSinger Akon’s Failed Futuristic City in Senegal Ends Up a $1 Billion ResortAre Tourists Ruining Europe? How Locals Are Pushing BackCan Americans Just Stop Building New Highways?Denver City Hall Takes a Page From NASAPhiladelphia Trash Piles Up as Garbage