How to Use One Merger to Predict the Next

The past year has been one for the ages for some of the companies in the real estate business, and it's been an active period for mergers and acquisitions (M&A). When you see M&A activity in a sector, it becomes a parlor game among event-driven hedge funds to find the next target. Today, I'll give you an idea of how they go about it.

CoreLogic is the subject of a bidding war, and Intercontinental Exchange (NYSE: ICE) just purchased service provider Ellie Mae from a private equity fund. Are any other real estate data or tech companies looking right for a buyout? If you wanted to figure that out, how would you go about it?

Source Fool.com