Bond Purchase Agreement (BPA).

A bond purchase agreement (BPA) is a contract between a buyer and a seller in which the buyer agrees to purchase a specified amount of bonds from the seller at a specified price. The BPA will specify the type and quantity of bonds to be purchased, the price at which the bonds will be purchased, … Read more

Merger Arbitrage Explained.

Merger arbitrage is an investing strategy that seeks to profit from the difference between the market price of a target company and the price offered by the acquiring company. The strategy is often employed when a company is the subject of a takeover bid. The market price of the target company will usually rise when … Read more