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The M&A Slump is Killing Deal-Driven Hedge Funds

TheMotleyFool

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Betting on mergers and acquisitions? In this economy?

Perhaps nobody feels the pain of 2023's dealmaking slump worse than so-called merger arbitrage traders, or hedge funds that essentially bet on the success of M deals, according to an analysis published Thursday by the Financial Times. And that's not all: new US M guidelines announced earlier this week could mean the worst may be yet to come.

Source Fool.com

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