Friday, 29 August 2014
Last updated 14 hours ago
Mar 28 2013 | 9:14am ET
Paulson & Co. is defending itself against accusations that its greed is fueling its opposition to T-Mobile's acquisition of MetroPCS Communications.
The New York-based hedge fund said it strenuously objects to T-Mobile CEO John Legere's Tuesday comment that the merger will be approved, "despite the several greedy hedge funds that are trying to take a double dip out of that process."
Paulson and P. Shoenfeld Asset Management have argued vociferously against the deal, saying it is a bad one for MetroPCS shareholders, with T-Mobile owner Deutsche Telekom getting the "lion's share of the benefits."
Paulson owns about 9.9% of MetroPCS.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...