Quote:
Originally Posted by zamler
That's over my head I'd be very poor if I tried it.
The insane thing was buying Twitter don't think anything crazy will happen now. I made ~35% can't complain.
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I agree. I was just trying to explain the thinking behind those who are likely selling in size.
Making the last little bit will make no difference to a fund's results (the big jump from when the transaction was in doubt makes their whole year), whereas a deal break would wreck the whole year for an arb fund.