U.S. hedge fund Golden Tree increases stake in Postmedia

Financial Post – U.S. hedge fund Golden Tree Asset Management LP increased its stake in Postmedia Network Canada Corp. last month and now owns 39% of the newspaper chain’s shares.

The New York City-based fund is Postmedia’s largest shareholder and in November it purchased a further 4% of the company’s Class B shares, according to a Dec. 4 regulatory filing.

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