AQR Makes Appraisal Arbitrage Bet on $8 Billion Clearwater Deal

AQR Capital Management is contesting the price of the $8.4 billion buyout of investment and accounting software maker Clearwater Analytics Holdings Inc. by a group that included Permira and Warburg Pincus, marking the latest in a wave of bets on better post-deal payouts.

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Bloomberg.