Traditionally, the simultaneous purchase of stock in a company being acquired and sale of stock of the acquirer. Modern "risk arbitrage" focuses on capturing the spreads between the market value of an announced takeover target and the eventual price at which the acquirer will buy the target's shares .
RISK ARBITRAGE
Meaning of RISK ARBITRAGE in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012