PT - JOURNAL ARTICLE AU - Taewon Yang AU - Ben S Branch TI - Merger Arbitrage AID - 10.3905/jai.2001.319007 DP - 2001 Sep 30 TA - The Journal of Alternative Investments PG - 17--32 VI - 4 IP - 2 4099 - https://pm-research.com/content/4/2/17.short 4100 - https://pm-research.com/content/4/2/17.full AB - While merger arbitrage has proven itself to provide valuable return to risk properties, academics have supported various theories as to the basis for merger activity and the returns derived from various forms of merger arbitrage. In this article, a wide range of academic articles which have explored the basis for as well as the performance of merger arbitrage are reviewed.