Dictionary
arbitrager
noun
One who participates in arbitrage.
synonyms
Exact(15)
His father is an arbitrager at Baker, Nye, a risk arbitrage firm in New York.
In some cases, such as a simultaneous multiple swapping of currencies, the arbitrager does not have to commit any funds, but in forward arbitrage funds have to be committed for a period of three months.
Among those implicated in the ensuing investigation were the arbitrager Ivan Boesky and the junk-bond financier Michael Milken.
If you were an arbitrager in Airgas hoping against the odds that the Delaware Chancery Court would provide a Christmas present, you would likely be disappointed.
But to the arbitrager, the newly revised deal is still a winner.
When that cover-up failed, he admitted to investigators that he had provided information to Mr. Boesky, who was then the best-known risk arbitrager, as traders who specialized in betting on takeovers were known.
Similar(40)
Mr. Milken, the former junk bond maestro at Drexel Burnham Lambert; Mr. Boesky, the former arbitrager-turned-insider trader; and Mr. Brennan, the former penny-stock operator, have all paid millions of dollars to the government and have been barred from the securities business.
But there may be hedge funds and other professional debt arbitragers willing to take up such a battle.
But something crucial has been lost as arbitragers carved out the most lucrative and popular parts of the package — advertising, sports, gossip, sex — and left the rest to fend for itself.
They were intended to meet complaints that the Cadbury takeover had been decided by arbitragers who did not care about Cadbury's long-term prospects merely the short-term premium offered by Kraft.
This is the typical move of bidders to lock in shareholder votes and incentivize the arbitragers to approve the deal.
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