The California utility getting crushed this week was a favorite of big-name hedge fund managers – CNBC

  1. The California utility getting crushed this week was a favorite of big-name hedge fund managers  CNBC
  2. PG&E bankruptcy: California leaders face tough choices for nation’s biggest utility  CBS News
  3. PG&E ex-CEO receives $2.5 million in severance as company announces plans for bankruptcy  USA TODAY
  4. California Today: The Biggest Unanswered Questions for PG&E  The New York Times
  5. PG&E’s $30 billion in potential liabilities is worrying debt holders who fear they won’t be paid  Business Insider
  6. View full coverage on Google News


Source: Google News

Media company owned by a hedge fund wants to buy Gannett – CNN

  1. Media company owned by a hedge fund wants to buy Gannett  CNN
  2. Hedge-Fund-Backed Media Group Makes Bid for Gannett  The Wall Street Journal
  3. Hedge fund-backed MNG Enterprises offers to buy USA Today publisher Gannett  CNBC
  4. DealBook Briefing: A Rival Makes a Bid for Gannett  The New York Times
  5. Digital First sends buyout proposal to Gannett  WTOP
  6. View full coverage on Google News


Source: Google News

Sears chairman Lampert and his hedge fund make eleventh-hour offer to acquire venerable retailer – MarketWatch

Sears chairman Lampert and his hedge fund make eleventh-hour offer to acquire venerable retailer  MarketWatch

Eddie Lampert and his ESL Holdings hedge fund are offering to buy the rest of Sears for up to $4.6 billion in cash and stock in a move to stave off liquidation.

View full coverage on Google News
Source: Google News

Sears, Kmart stores ailing as CEO Eddie Lampert's hedge fund gets hundreds of millions

As many Sears and Kmart stores appear to be on life support, CEO Edward Lampert’s hedge fund, ESL Investments, is getting $200 million to $220 million in annual loan payments while Sears has steadily lowered spending on its struggling stores. At the same time, competitors have continued reinvesting.

     

 

 


Source: USA Today

Hedge Funds Are Poised to Be Winners in AT&T-Time Warner Deal

  1. Hedge Funds Are Poised to Be Winners in AT&T-Time Warner Deal  Wall Street Journal
  2. The Political Legacy of a Failed Challenge to the AT&T-Time Warner Deal  New York Times
  3. AT&T-Time Warner Ruling Reactions: Hollywood Scribes, Senator Among Critical Voices  Deadline
  4. Who AT&T decision really hurts  CNN
  5. AT&T’s Victory Is a Big Setback for Merger Enforcement  Bloomberg
  6. Full coverage


Source: Google News