Loeb Arbitrage Fund Notes Improved Market Environment For Mergers

After a quarter of slightly negative performance, down just under one percent for the quarter ended September 30, the Loeb Arbitrage Fund sees a fundamental shift in merger activity.  In fact, this is just the opportunity the fund has been waiting for. Loeb Arbitrage Fund: Conditions are in place for vigorous M&A activity In a letter to investors reviewed by ValueWalk, Gideon King, the fund’s chief investment officer, says that conditions are in place for “vigorous” mergers and acquisitions activity. This included diminishing organic growth prospects amid “an anemic economic environment, low interest rates, and healthy corporate balance sheets are…