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Old 08-17-2007, 02:52 PM
NajdorfDefense NajdorfDefense is offline
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Join Date: Feb 2003
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Default Re: OATS -- worth a gamble? (arbitrage bet)

[ QUOTE ]
Shoe,

I think the problem was the arbitrage title you made when in fact it wasn't an arbitrage at all (and the sole reason I opened this thread since I was like "Oh Oh I know what that is..."). However, it has proved very informative. Sometimes you gotta sift through it all though.

[/ QUOTE ]

Technically, it is called Merger Arbitrage, but is obviously not pure arb [as Thremp noted] since there is always some low level of risk in even the easiest deal [which this was not.]
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