- Advertisement -

Related

Hedgefond dumpar Yahoo!

- Advertisement -

Stockholm (HedgeFonder.nu) – Hedgefondmiljardären Dan Loebs hegdefond Third Point köpte under förra året in sig i internetbolaget Yahoo! och blev då största ägare i bolaget. Det första man gjorde var att se till att sparka den dåvarande vd:n Scott Thompson för att sedan tillsätta Marissa Mayer som ny vd i bolaget. Nu cashar man in vinsten i bolaget och gör genom försäljningen en vinst på cirka 620 miljoner USD, det skriver Financial Times.

“– Styrelsens noggranna rekryteringsprocess resulterade i att Marissa Mayer blev anställd, därefter har Yahoo’s aktiekurs nästan fördubblats, säger Dan Loeb till tidningen.

Yahoo står själv som köpare av de 40 miljoner aktierna till kursen 29,11 USD per aktie. När Third Point köpte aktierna gjordes det på 13,50 USD per aktie, enligt Financial Times.

I och med försäljningen lämnar Dan Loeb Yahoo’s styrelse. På marknaden föll aktien cirka 5 procent under måndagen på nyheten om att Third Point säljer aktien.

Bild: (c) shutterstock

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

HedgeNordic Editorial Team
HedgeNordic Editorial Team
This article was written, or published, by a member of the HedgeNordic editorial team.

Latest Articles

Shadow Activism: Capturing the Value Creation of Activist Campaigns

Shareholder activism has been widely studied and is often associated with value creation, as activist investors push for changes in strategy, governance, or capital...

Nordic Hedge Funds Continue Positive Run in February

With the turmoil stemming from events in the Middle East, February already feels like a distant memory. Yet looking back briefly, Nordic hedge funds...

Beyond Shipping: Gersemi Develops Crypto Strategy

With years of experience as a sell-side analyst and later as a fund manager, Joakim Hannisdahl has developed deep expertise in shipping sectors and...

Folketrygdfondet on Nordic High Yield: More Global, but Is It More Resilient?

While Norway’s global sovereign wealth giant, the Government Pension Fund Global, widely known as the Oil Fund, invests trillions across international markets, its lesser-known...

Danske Bank AM Claims Top Honor as Nykredit Wins Fixed Income

Nordic managers were strongly represented at this year’s EuroHedge Awards, sweeping the nominations in the Fixed Income category. With the entire “Fixed Income” field...

AP3 Hires Lynx’s Mattias Sundbom as Head of Portfolio Strategy

After spending the past decade at some of Sweden’s largest systematic asset managers, most recently at Lynx Asset Management, Mattias Sundbom has now moved...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -