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risk arbitrage

Merger Arbitrage Explained: Deal Spreads and Risk

October 28, 2026June 16, 2026 by Bruno M.
Merger Arbitrage Explained: Deal Spreads and Risk

Merger arb is the spread between a target’s price and the deal price. Here is the math, the risk, and a worked example on the Paramount-WBD deal.

Categories Market Education Tags deal spread, event-driven investing, investing basics, M&A strategy, merger arbitrage, risk arbitrage

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