The time is right for merger arbitrage


With confidence high and deals closing, volumes are set to increase.

 Joseph Marren of KStone Partners

By Joseph Marren

Things are looking up for arbitrageurs as a host of positive factors are clearly evident in the M&A marketplace. Corporate balance sheets are flush with cash, private equity firms have raised significant funds that need to be put to work, credit is readily available for deals that make sense, interest rates remain low and valuations are reasonable. Furthermore, the political environment is more certain in 2013 than it was in the 2012 election year. Most importantly, the economy is growing at