Farallon Capital Management: Risk Arbitrage (B) Case Solution
An investment company which emphasizes primarily on risk arbitrage, Farallon Capital Management, has taken considerable long and short positions in British Telecommunications and MCI Communications in the belief the planned amalgamation of these companies will be finished.
This article sheds light onthe problems confronting Farallon as negative and positive events relating to the amalgamation unfold. Supplies a rich institutional setting for understanding its function and merger arbitrage in the capital markets, and for understanding specific investment strategies involving short selling.
This is just an excerpt. This case is about FINANCE & ACCOUNTING
PUBLICATION DATE: October 06, 1998