Tag Archives: new-territory
Hedge Fund Halts Takeover Talks, Inmarsat Shares Plunge
New York (HedgeCo.Net) – Inmarsat shares took a dive yesterday after hedge fund Harbinger Capital halted talks of a possible takeover. Harbinger has amassed a 28 percent stake in the U.K.-based mobile satellite communications group. Harbinger, who has AUM upwards […]
Harbinger suspends Inmarsat talks, still wants deal
Reuters- U.S. hedge fund Harbinger remains interested in buying British satellite communications firm Inmarsat, but is suspending talks for now because of the lengthy regulatory process involved, it said on Monday. "Harbinger remains interested in acquiring control of Inmarsat and […]
Inmarsat dives after hedge fund suspends talks
Times Online- Shares in Inmarsat, the mobile satellite communications group, plunged 12.2 per cent today after it emerged that Harbinger Capital, the activist American hedge fund investor, has suspended talks over a possible takeover. While both parties left the door […]
