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Legacy department stores that posted their most robust numbers by making sales out of Talmud-sized catalogs seem an unlikely business to get the merger arbitrage juices flowing among sophisticated investors.Sears Holdings Corp. and J.C. Penney Co.--both controlled by hedge fund... Continue reading
Posted on October 5, 2011 11:10 AM
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Goldman, Sachs & Co. veteran Tracy Caliendo will join Bank of America Merrill Lynch in September as a managing director and head of Americas equity hedge fund services. For other updates launch today's Movers & shakers slideshow.
When will companies stop refinancing and jump back into M&A? More video
