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John Paulson and Others Await the Verdict on a Few Big Deals

Obama’s crackdown on tax inversion means merger arbitrage managers have a lot at risk in plays like Medtronic–Covidien and AbbVie–Shire

       Peter SchoenfeldLast week John Paulson and other merger arbitrage fund managers were shaking off the doomsday price drops that came in August and were envisioning double-digit earnings from some of the merger and acquisition deals that have made front-page news since the summer. Then, on Monday, President Barack Obama announced

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