Musk's $44bn Twitter deal is an M&A arb dream — or nightmare - Financial Times

Most arbs seem to think that discretion is the better part of valour

Elon Musk’s fitful attempt to take over Twitter is shaping up to be the event of the year for hedge funds that bet on takeover deals going through or collapsing. Musk’s marijuana-inspired $54.20-a-… [+3991 chars]

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