Deals, Deals, Deals ... in a bear market - Part 52
It's another merger Monday in the US, with several deal stories hitting the tape during today's August session. They include:..
It's another merger Monday in the US, with several deal stories hitting the tape during today's August session. They include:..
Bill "Baby face" Ackman, the billionaire hedge fund manager, has discovered that journalism isn't actually as easy as it looks.
On Friday March 17 Ackman tweeted:..
Not content with earning millions, if not billions, from the world of hedge fund management Bill Ackman is turning his hand to deals reporting.
According to the Pershing Square founder, Bank of America is on the verge of buying Signature Bank, the failed lender that moved into crypto currencies.
Ackman just tweeted:..
FTSE Russell has finally confirmed that Bill "Baby Face" Ackman's Pershing Square Holdings will replace Homeserve in the London's blue chip index.
Admittedly this was foreshadowed in some of today's British newspaper market reports...
Ping! An email arrives with what hedgies dub the "sports pages".
These "sports pages" are also known as HSBC's Hedge Weekly, which is a performance review of European hedge funds.
Last year, charming Crispin Odey - a leading City Brexiteer who runs Odey Asset Management - topped the leaderboard but this year it seems to be populated by a bunch of funds nobody has ever heard of, such as Muirfield GSE Partners, Golden China Fund and Tonga Partners...