In an M&A boom year, deals-driven hedge funds are burned by bad bets – CNBC


CNBC

In an M&A boom year, deals-driven hedge funds are burned by bad bets
CNBC
This year, betting on corporate takeovers and restructurings should have been a sure thing for investors as the value of deals soared to record levels. It didn’t work out that way. Hedge funds that look to profit when companies are acquired or do other

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