NEW YORK ( TheStreet) -- Corporations are going shopping. The volume of mergers and acquisitions has been increasing, with big deals making headlines, including offers for H.J. Heinz (HNZ) and Dell (DELL). All the activity is welcome news for mutual funds that specialize in merger arbitrage. The funds buy stocks that are about to be acquired.During the financial crisis, deal activity slowed, and some funds were forced to hold fixed-income while they waited for takeover activity to resume. With deals plentiful now, the funds can choose from among many stocks to buy.
Mutual Funds Profit From Merger Spree
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