Hedge Funds Pile into SunEdison Shares Ahead of Plunge

(Reuters) Top U.S. hedge fund management firms, including Visium Asset Management, took stakes in embattled renewable energy company SunEdison Inc during the fourth quarter.Visium put on a new position, buying 1.3 million shares, while Sand Grove Capital Management added a new position of 272,000 shares. Adage Capital Partners bought 9.2 million shares to own 17 million at the end of the quarter.

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