Hedge Funds Are Reviving Once-Dormant Appraisal Arbitrage Play
Elliott Investment Management, Man Group Plc, an AQR Capital Management affiliate and dozens of other investment firms are reviving a once-dormant arbitrage tool that challenges deals in the most closely...
By Sabrina Willmer, Yiqin Shen · Bloomberg Markets
Elliott Investment Management, Man Group Plc, an AQR Capital Management affiliate and dozens of other investment firms are reviving a once-dormant arbitrage tool that challenges deals in the most closely scrutinized US business court.