On Nov. 21, Innovid announced that it would be acquired by larger ad tech competitor Mediaocean for $3.15 per share, a 94% premium to CTV's prior closing price. With Innovid shares skyrocketing on the ...

Merger-arb traders were stung earlier this year by developments in some large transactions, including the FTC’s lawsuit to block Tapestry’s $8.5 billion takeover of fashion rival Capri, the Biden ...

A massive allocation shift out of long-only public market investment vehicles and into alternative investments means that hedge funds are playing an increasingly dominant role on the buy side – ...

(Bloomberg) -- The US election has much of Wall Street riveted. For merger-arbitrage traders, there’s a lot riding on the outcome, and a chance to revive their sagging fortunes. Respondents in a ...

Merger Arb Funds Bet Patience Will Pay Off on Chevron-Hess A Chevron gas station in El Segundo, California, US, on Monday, Aug. 5, 2024. Photographer: Eric Thayer/Bloomberg By Yiqin Shen and Kevin ...

A Dallas-based hedge fund that specializes in merger arbitrage and similar "event-driven investments" has declared a 5.1 percent stake in J. Alexander's, which has risen more than 25 percent since the ...

Atria Wealth Solutions Inc. bought a new stake in shares of AltShares Merger Arbitrage ETF (NYSEARCA:ARB – Free Report) during the 4th quarter, according to its most recent filing with the Securities ...