Archive for the ‘Mergers & Acquisitions’ Category

Mergers and acquisitions Spook Investors

February 15, 2011

Chidem Kurdas

Getting more capital together is often the main motive for a merger or acquisition. But the resulting business is often less than the sum of the parts. It ends up with less assets than the two combined managers had separately because some investors  redeem in response to the change.  (more…)

Elliott Dominates Event-Driven Portfolios

October 21, 2010

Chidem Kurdas

Look at a big investor’s event-driven holdings and a name you’re likely to spot is Elliot Associates LP. Longevity and a reliable track record probably have something to do with it—Paul Singer, a lawyer, founded Elliot in 1977. (more…)