Recommend buying Universal Stainless & Alloy Products, Inc. shares due to a 2.5% merger-arbitrage opportunity with Aperam's $45/share all-cash acquisition deal, expected to close in Q1 '25.
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 recent ...
Another Millennium Management portfolio manager specializing in merger arbitrage is leaving after a money-losing bet for the firm, according to people familiar with the matter. Laurent Pujade, a ...
London-based managers Pujade and Cooper both set to leave firm Latest departure follows hit on Tapestry-Capri merger bet Another Millennium Management portfolio manager specializing in merger ...
The fund declined to comment on its positions. Merger arb has earned 3.5% this year, according to research firm PivotalPath. While that’s an improvement from mid-year, it’s still one of the ...
Arbitrage betting is a strategic approach in sports that guarantees a profit by exploiting price differences between various bookmakers’ odds. This technique, also known as sure betting, relies on ...