Published on 17 Oct 2023 on Bloomberg via Yahoo Finance
Microsoft-Activision Takeover Emboldens Merger Arb Traders to Boost Their Bets
(Bloomberg) -- Traders who bet on corporate mergers and acquisitions are boosting their wagers on a slew of proposed deals, after successful trades on transactions like Microsoft Corp.’s purchase of Activision Blizzard Inc. have left them with more money to invest.
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