14.11.2014 Other Voices: Hedge fund tales - or what is wrong with merger arbitrage
This article was authored by Alex Gavrish, founder and CEO of Etalon Investment Research, and author of "Wall Street Back To Basics."

Hedge funds lose after Shire plc deal is cancelled

On October 20th, 2014, AbbVie Inc and Shire plc announced that they had agreed to terminate their proposed merger. The main reasons for cancellation were the adverse tax changes that would destr

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