Hedge Fund News From HedgeCo.Net

Greenlight Capital to take a board seat at SunEdison:

January 25, 2016 : Permanent Link

(Reuters) – SunEdison Inc will give hedge fund Greenlight Capital a board seat after a decline in the solar company’s stock price and the departure of some senior officials, the Wall Street Journal reported on Sunday, citing people familiar with the matter.Greenlight, which owned about 8 percent of the company as of Jan. 11, is likely to appoint a director from outside of the hedge fund, the Journal said, citing one of the people.

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