Constellation Energy (CEG) Merger Arbitrage Update
Read the full article at: http://www.dividendgrowthinvestor.com/2008/10/constellation-energy-ceg-merger.html
Submitted by Dividend Growth... on Tue, 2008-10-28 09:05.
(via www.dividendgrowthinvestor.com)
One of the four techniques implemented by Benjamin Graham was merger arbitrage. There’s been some good evidence that this strategy has worked for several decades for some value investors such as Graham and Buffett, producing double digit returns.