Hedge Fund News From HedgeCo.Net

Activist Paulson Takes Bigger Slice of Britain’s Premier Foods

(Reuters) Hedge fund Paulson & Co has tripled its stake in Britain’s Premier Foods Plc (PFD.L), making it the third largest shareholder in the company ahead of a crunch annual meeting next week.The meeting on July 18 could determine the fate of Gavin Darby, chief executive of the maker of Oxo cubes and Mr Kipling cakes.

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