RE:RE:Re Lack of Merger Arbitrage tradingLattice, as I said. A risk arb may take a small trading position in a rumoured deal but that is about it.
They only commit real capital post a deal announcement. They have a job to do and it is to trade
the arb in the transaction not to speculate on something that may never happen.
knowing a lot of risk arbs I can comfortably say that they will not be getting involved in a meaningful
way until a transaction is announced.