poniedziałek, 9 września 2013

Elliott Asset Management ups Kabel Deutschland stake to 10.9 percent

The logo of Kabel Deutschland is pictured at headquarters in Unterfoehring FRANKFURT (Reuters) - Activist shareholder Paul E. Singer, founder of Elliott Asset Management, has raised his stake in Kabel Deutschland to 10.9 percent as of September 6, the German cable company said in a statement on Monday. Singer had raised his stake in Kabel Deutschland, which is in the process of being bought by Vodafone for $10 billion, to 5.1 percent last month, making him the company's largest shareholder. Singer runs hedge fund Elliott Asset Management, which is known for its battle for control over U.S. oil firm Hess Corporation earlier this year. ...








via Tech News Headlines - Yahoo! News http://news.yahoo.com/elliott-asset-management-ups-kabel-deutschland-stake-10-121105023--sector.html

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