May 9th, 2008 
Loading ...HedgeCo.Net (West Palm Beach) - The battle between Charming Shoppes Inc. and the two hedge funds who wished to gain control the company has finally come to an end. A settlement was reached at the Annual Meeting of Shareholders yesterday, in which Charming Shoppes Inc., along with Crescendo Partners and Myca Partners, came to an […]
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Bloomberg - Sprott Inc. may rise after the mining and energy hedge fund run by investor Eric Sprott raised C$200 million ($197 million) in the biggest Canadian initial public offering in five months.
The 20 million shares were sold at C$10 each, in the middle of the expected range of C$9.50 to C$10.50 a share, the […]
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Bloomberg - When Jon Wood opened his Monaco-based hedge fund, the former UBS AG trader told investors he’d beat the market by buying stakes in no more than 40 companies — the same way he made $2.4 billion in six years for his old employer.
Instead, holdings such as failed U.K. bank Northern Rock Plc and […]
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The Independent - SRM, the hedge fund that was Northern Rock’s biggest shareholder, has joined forces with 150,000 small investors to mount a legal action against the Government over the nationalisation of the stricken bank.
The Monaco-based fund and the UK Shareholders Association have requested a judicial review of the Government’s compensation scheme for shareholders, which […]
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Reuters - Bear Stearns Cos Inc disclosed on Thursday that some shareholders want a federal judge to block the troubled investment bank’s impending takeover by JPMorgan Chase & Co.
According to a filing with the Securities and Exchange Commission, Cohen v. The Bear Stearns Coswas filed in Manhattan Federal Court. Plaintiffs seek permission to file a […]
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