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Event-Driven Hedge Funds: The Best Home for Bankers Turned Investors?

Mergers and Inquisitions

Jacobs is a moderate-growth, moderate-margin company in the professional services space, currently trading at 1.2x If you’re working at a special situations fund, you could trade this deal in many ways: Long Jacobs and Short CMS – You believe the company is correct about the deal’s benefits, but you think CMS is overvalued at 11.5x

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