(Reuters) Melvin Capital Management said on Monday it would receive an investment of $2.75 billion from Citadel, the Chicago-based hedge fund led by Ken Griffin, and billionaire investor Steven A. Cohen’s Point72 Asset Management. The infusion is expected to help stabilize the hedge fund, which has been hard hit by a series of short bets this year
Citadel, Point72 to invest $2.75 billion in hedge fund Melvin Capital
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