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Merger-Arbitrage Funds See Tide Turning After FTC's Microsoft-Activision Loss bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Merger-arbitrage investors say the tide is turning in their favor after the Biden administration’s antitrust push suffered a huge legal blow this week, boosting the funds’ returns and emboldening bets on deals in regulators’ crosshairs. Most Read from BloombergSingapore Arrests Minister, Property Tycoon in Graft ProbeHow Much Income You Need to Crack America's Richest 1%Biden Administration to Forgive $39 Billion in Student DebtTreasury Euphoria Dwindles After Hot Economic Data: M ....
(Bloomberg) Microsoft Corp. moved two steps closer to finalizing its $69 billion bid for Activision Blizzard Inc., winning a court fight with US regulators as well as an unprecedented reconsideration from the UK for the largest gaming deal ever.Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AlliancePoisoned Cough Syrup Killed Kids. Authorities Cut the Investigation ShortMicrosoft Cleared to Buy Activision in US as UK Pauses FightShort Seller Andrew Left Is Living ....