Merger Masters

Tales of Arbitrage
Erscheinungsjahr 2018
ISBN: 978-0-231-19042-8
Verlag: Columbia University Press

Buch, Englisch, 408 Seiten, Print PDF, Format (B × H): 156 mm x 236 mm, Gewicht: 698 g

Reihe: Heilbrunn Center for Graham & Dodd Investing Series

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, Guy Wyser-Pratte, James Dinan, and others offer practical perspectives on how their backgrounds in the risk-conscious world of merger arbitrage helped them make their greatest 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 between them 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.

Autoren/Hrsg.

Welling, Kate

Gabelli, Mario

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensorganisation, Corporate Responsibility Mergers & Acquisitions (M&A), Übernahmen & Buy-outs
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Anlagen & Wertpapiere

Über Autor(innen)

Welling, Kate
Kate Welling is the Editor, Publisher & CEO of WellingonWallSt., a journal of independent research, analysis, opinion and insight. She is a graduate of the Northwestern University Medill School of Journalism.

Gabelli, Mario
Mario J. Gabelli is the Chairman and Chief Executive Officer of GAMCO Investors, Inc., the firm he founded in 1977. A 1965 summa cum laude graduate of Fordham University's College of Business Administration, he also holds an M.B.A. from Columbia University Graduate School of Business, and honorary doctorates from Fordham University and Roger Williams University.

Kate Welling is the editor and publisher of Welling on Wall St., an independent financial journal. A well-known financial journalist, she was managing editor of Barron’s.

Mario Gabelli is the chairman and chief executive officer of GAMCO Investors, Inc. A merger master in his own right, he is one of the country’s leading money managers and investors.