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arbitrager |
Also found in: Financial, Wikipedia, Hutchinson | 0.06 sec. |
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Working together, a put-call system would allow the Saban group to sell its shares to Televisa at a preferred price without interference from arbitragers or other traders. The Wall Street arbitragers who lost a bundle when the deal cratered think the FTC's action was triggered by complaints from Office Max, the third major superstore chain, which stood to get some assets on the cheap if the government forced the merged entity to spin them off in the name of protecting competition. Simply, as the currencies were devalued in Asia, China, Japan and Russia, and the arbitragers lost money, it also made the cost of the overseas goods cheaper against the American dollar. |
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