January 30, 2009

"Arbitrage out the Arse"

Yes and Not Yes:
I’ve got three interesting arbitrage opportunities for you.

First are SPAC liquidations (via Dealsleuth).

Second is the recent Pfizer/Wyeth merger (via Dividend Growth Investor).

Third is one that I have been looking at for weeks, which is the acquisition of Image Entertainment (DISK) for $2.75 per share. Today there was a large sell-off without any news whatsoever. I purchased some shares. I can only assume that it was a hedgie selling off for other purposes.

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