{"id":13481,"date":"2009-12-29T09:06:19","date_gmt":"2009-12-29T13:06:19","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=13481"},"modified":"2009-12-29T09:06:19","modified_gmt":"2009-12-29T13:06:19","slug":"lawsuit-says-harbinger-had-private-word-on-bid","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2009\/lawsuit-says-harbinger-had-private-word-on-bid.html","title":{"rendered":"Lawsuit Says Harbinger Had Private Word on Bid"},"content":{"rendered":"<p>WSJ &#8211; An aggrieved suitor in a 2006 bid to buy an appliance firm alleges that Harbinger Capital Partners, a prominent hedge fund that won the takeover battle, received nonpublic information about the rival bid and accumulated a big stake before the deal talks were made public, according to documents cited in a preliminary ruling in the Delaware Chancery Court.<\/p>\n<p>In a lawsuit alleging breach of contract and other claims related to its failed bid, Nacco Industries Inc. alleges that executives of takeover target Applica Inc. passed tips through a consultant working for Harbinger, a New York hedge fund run by Philip Falcone. Nacco sells Hamilton Beach-brand appliances.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704134104574624472858040490.html?mod=googlenews_wsj\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; An aggrieved suitor in a 2006 bid to buy an appliance firm alleges that Harbinger Capital Partners, a prominent hedge fund that won the takeover battle, received nonpublic information about the rival bid and accumulated a big stake [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-13481","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=13481"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13481\/revisions"}],"predecessor-version":[{"id":13482,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13481\/revisions\/13482"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=13481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=13481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=13481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}