(CNBC) A trader or traders in the options market made an estimated profit of 400 percent betting on a big move in Fortress Investment Group shares on Tuesday, just hours before the private equity firm announced a $3.3 billion takeover offer from SoftBank. The size of the bets raised eyebrows and led several options market experts to suspect that someone was trading on information that had leaked about the deal….
Bets on Fortress Placed Before Bid News Yield 400% Profit
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