What's behind Perry Capital's Fannie and Freddie gambit?
Congress isn't likely to privatize the mortgage finance giants, so some hedge funds are turning to Plan B: suing the government. For the past couple of years, a group of America's smartest investors...
View ArticleSteinway plays with Paulson
Steinway sale teaches that even private equity firms have limits. FORTUNE -- Piano maker Steinway & Co. (LVB) has agreed to be taken private. Again. The Waltham, Mass.-based company announced this...
View ArticleWhat big-time investors are snapping up and selling off
FORTUNE — It’s a particularly busy Friday on Wall Street, as investors and traders pour over quarterly filings that reveal which stocks in-the-know fund managers are loving (and not loving) and how...
View ArticleCarl Icahn sinks his teeth into latest target: Family Dollar
Carl Icahn has bought a 9% stake in discount chain Family Dollar Stores, becoming the retailer’s biggest shareholder and the latest activist investor to take an interest in the struggling company....
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