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Och sues over Sculptor-Rithm deal

October 19, 2023 : Permanent Link

(Hedeweek) A group former Sculptor Capital Management executives led by founder Dan Och has sued the hedge fund and its proposed acquirer Rithm Capital Corp, saying that the $676m is aimed at protecting current CEO Jimmy Levin rather than maximising shareholder value, according to a report by Bloomberg.

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