| How can an investor earn high rates of return with very low risk?
Deals . . . Deals . . . and More Deals unveils the mystery of arbitrage investing. Simply stated,
risk arbitrage is investing in a merger or acquisition target and holding the stock until the deal
closes. Regina Pitaro, a veteran of 20 years, brings us into the inner sanctum of Wall Street to
reveal the secrets of merger and acquisition arbitrage.
The practice of merger arbitrage has arisen from the takeovers and consolidations that have transformed
business for the past 100 years. Deals . . . Deals and More Deals examines the history of arbitrage, from
the great consolidators of the late 19th Century to the recent U.S. megadeals.
Deals are back. Since 1994, the value of U.S. deals has increased five-fold. With over 10,000
transactions last year, this investment strategy shows every sign of becoming an even greater
source of profits as we head into the 21st Century.
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