Wednesday, 2 September 2015
Last updated 12 hours ago
Mar 19 2013 | 12:45pm ET
Harbinger Capital Management's listed permanent capital vehicle is getting into the lingerie business.
Harbinger Group has invested $10 million in risqué lingerie retailer Frederick's of Hollywood. In exchange, it has been given an option to take control of the company by appointing a majority to its board of directors.
Frederick's has been struggling with poor sales at its 118 stores.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…