determine the shareholder value addition consequent to merger announcements with respect to the six selected bank mergers during …. The effect of merger announcements of the banks on their shareholders' value was evaluated based on the Abnormal Returns … shareholder wealth when the securities of the select banks are more prone to market risk, while there is an increase in the …

indicates that the merger arbitrage strategy generates large risk adjusted returns. More recent evidence indicates that the …This paper replicates the core underlying merger arbitrage strategy using daily data from the United Kingdom to … generate three simulated merger arbitrage portfolio return series, for the period 2001 through to 2004. Past empirical evidence …

of such from noise/shock trading and the risk & return characteristics of a merger arbitrage trading strategy …This paper examines the annual risks and returns of three disparate, hypothetical merger arbitrage portfolio strategies … December 2016 time period. Previously written and undoubtedly the most prominent literature into M&A and merger arbitrage …