Academic Research

The following table is a list of merger arbitrage academic research papers providing a resource of works focusing exclusively on merger arbitrage. Academia plays an important role in finance and investments. The academic papers listed in the table below are the most commonly cited papers by subsequent academic works. Therefore, these studies are an invaluable resource for academics researching a specific research topic or area of merger arbitrage. 

These research papers cover topics such as Tender Offers, Deal Closing Probability (DCP), Performance Analysis, Termination Fee and Reverse Termination Fee (Break-Up fees) Shorting Stock and even Options trading and the Contingent Claims model. These academic works also cover research on a variety of geographic regions including the U.S., the U.K., Australia India & China with additional FOREX analysis and profitability implications. This analysis can be used in conjunction with our global and tailored news feeds along with our real time press release services. This list is important for arbitrage practitioners who are looking to formulate an event driven investment strategy. Many of these papers can be accessed in conjunction with Google Scholar simply by clicking the links provided.

The relevance and accuracy of the conclusions in this merger arbitrage academic research list in today’s markets forms the basis of many topics of discussion in our strategy section. Importantly, contribution from academia is visible in the construction of our spread tracker. This is a list of the largest cash merger arbitrage spreads currently available. Throughout our proprietary content, we refer to these academic articles. However, we continue to add to their analysis. As such, we demonstrate how the strategy of merger arbitrage has evolved since the initial formation of these academic conclusions.

Do not forget to visit our merger arbitrage & investment book list for additional learning resources. We cover topics including Merger Arbitrage, Mergers & Acquisitions, Options Trading and more.