Twitter frees up billions for arbitrage traders looking for the next win

Twitter frees up billions for arbitrage traders looking for the next win

(Bloomberg) – Billions of dollars in arbitrage capital are looking for a new home after Elon Musk finally closed his $44 billion deal to buy Twitter Inc. Bloomberg’s Most Read Merger arbitrage traders, who make money by betting on the outcome of deals between public companies, are now turning to deals involving Activision Blizzard Inc., …

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