Good Risk/Merger Arbitrage Books?

I know there are some recommended books out there like Risk Arbitrage (Wiley Investment Classics) by Guy Wyser-Pratte. But that book seems to be very outdated (i.e. not a lot of shareholder rights back then during the time frame of Guy's examples).

Any more relevant ones available?

5 Comments
 

Merger Arbitrage by Keith Moore is considered the Bible.

Merger Arbitrage byThomas Kirchner is a little easier to read

I work on a risk arb desk and can probably answer most questions.

"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.
 

How do you think about probabilities of success when a deal is announced? Do you use a quantitative formula, or subjectively assign probabilities to anti-trust risk, shareholder vote etc. etc. based on your prior experience?

 

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