Hints and tips:
...If last week’s comedy Dumb Money made sport of funds like Citadel LLC, here we get a fictional insider view, defined by ambient hyper-stress....
...Lasry joined a specialist brokerage in 1986 that bought bank debts and trade claims, which was founded by Randall Smith, the controversial investor behind Alden Global Capital, known for gutting newspapers...
...The weakness of traditional media created an opportunity for Alden. Ironically, it may now benefit from a change in the terms of trade with tech giants via the titles it has acquired....
...to buy The Baltimore Sun from Tribune ahead of its deal with Alden....
...One thing to start: Tribune Publishing’s board has recommended shareholders back a takeover offer by hedge fund Alden Capital rather than a higher offer from a Baltimore-based hotel magnate who wants to...
...£2.75bn in record sterling junk bond sale (FT) Kraft Heinz agrees $3.35bn Planters peanuts sale to Hormel Foods (FT + Lex) Accounting watchdog told Wirecard it did ‘not want’ to investigate fraud (FT) Alden...
...In 2016 the newspaper was wrenched from the hands of the hedge fund Alden Capital by Paul Huntsman, scion of the billionaire Mormon family....
...(BBC) Grim reaper of newspapers Alden Global’s reputation as a rapacious vulture fund that gobbles up America’s local papers then spits them out as a shell of their former selves has struck fear in the...
...Aga Foodservice Group dipped 0.6 per cent to 304p after it acquired Waterford Stanley, the Irish based range cooker and stoves company, for up to €13.8m in cash from Pricoa the US financial services group...
...The poll had a margin of error of plus or minus three percentage points....
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