Hedge Fund News From HedgeCo.Net


JC Penney ensnared in hedge fund games?

CNN – JC Penney’s latest tangle has many folks speculating about whether there’s another hedge fund battle brewing.

The retailer said it received a Notice of Default from law firm Brown Rudnick, which claims to represent an “ad hoc” group who hold more than 50% of JC Penney’s bonds due in 2037.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply