POSITION LIMITS AND PORTFOLIO DIVERSIFICATIONSETTING INDIVIDUAL POSITION LIMITSSENSITIVITY ANALYSISPORTFOLIO DEAL‐BREAK RISKADDITIONAL METHODS TO LIMIT RISKFRIENDLY TRANSACTIONSRECAPS, SPINOFFS, TARGETS FOR SALE, AND SITUATIONS WHERE THE TARGETS HAVE RECEIVED AN OFFERGROUPING BY CASH FLOWPORTFOLIO ANALYSIS BY SPREADOVERBIDSHEDGINGMELDING A POSITION SHEET WITH A RISK ARBITRAGE ANALYSISOTHER RISK CONTAINMENT MEASURESFUTURESOPTION HEDGING