Re: Earn 6% in the next 5 months (merger arbitrage)
Shoe,
People who do this (merger arbitrage) have much more experience than you do and frankly just know what they're doing. When an impending merger is going to happen at a specified price, the discount you receive is nearly always the exact amount of uncertainty of the deal going through. There is no such thing as a free lunch, especially when a single variable controls the majority of the stock price (probability of deal going through).
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