Entries tagged "Harbinger Capital"
Last week, Philip Falcone's hedge fund Harbinger Capital sold 5 million shares of New York Times Co. stock at $8.25 a share, according to an SEC filing.
Hedge funder Philip Falcone plans to offer satellite phone service, a venture that eluded accomplished wireless entrepreneur Craig McCaw.
Harbinger Capital's 20% stake in the New York Times Co. (NYSE:NYT) has drawn a lot of attention from bidders, according to The Wall Street Journal.
The drama surrounding iron ore company Cleveland-Cliff Inc.'s $10 billion proposal to buy coal miner Alpha Natural Resources Inc. became even more interesting Thursday as its largest shareholder, hedge fund Harbinger Capital Partners, looks to raise its ownership stake in the company. ...
Spectrum Brands Inc. on Wednesday said it would sell its pet supply business to Salton Inc. in a deal worth up to $915 million, with financing from private equity firm and hedge fund Harbinger Capital Partners. ...