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 … indicates that the merger arbitrage strategy generates large risk adjusted returns. More recent evidence indicates that the …

effect of resolution of trade policy uncertainty on merger and acquisition (M&A) activity and shareholder value of acquiring …

Largely constant average acquirer returns over the past four decades mask fundamental changes in the takeover market … consistent with rising merger synergies that have become less bidder-specific …