How One Small Wisconsin Town Is Making Some Hedge Funds Very Nervous

(CNBC) After a century-old paper mill in Brokaw, Wisconsin, closed a few years ago, the town of 250 residents effectively went bankrupt. Brokaw will soon be dissolved by its two neighboring towns. But it has found a new way to live on: through a federal bill named for it that would restrict Wall Street’s activist hedge-funds, the type of investing firms that were blamed for the town’s demise.

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