{"id":19807,"date":"2011-01-06T07:19:14","date_gmt":"2011-01-06T11:19:14","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=19807"},"modified":"2011-01-06T07:19:14","modified_gmt":"2011-01-06T11:19:14","slug":"surmodics-placates-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2011\/surmodics-placates-hedge-fund.html","title":{"rendered":"SurModics placates hedge fund"},"content":{"rendered":"<p>Star Tribune &#8211; The Eden Prairie-based biopharmaceutical company SurModics said Wednesday that it has resolved a dispute with an activist hedge fund by appointing two of the fund&#8217;s candidates to its board.<\/p>\n<p>New York-based Ramius LLC had nominated three directors to join SurModics&#8217; board late last year, claiming the company has been hard hit by a series of &#8220;failed growth investments, failed acquisitions and excessive spending.&#8221;<\/p>\n<p><strong><a href=\"http:\/\/www.startribune.com\/business\/112981364.html?elr=KArks:DCiU1OiP:DiiUiD3aPc:_Yyc:aU1OiP:Dii_vPQL7PQLaU\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Star Tribune &#8211; The Eden Prairie-based biopharmaceutical company SurModics said Wednesday that it has resolved a dispute with an activist hedge fund by appointing two of the fund&#8217;s candidates to its board. New York-based Ramius LLC had nominated three directors [&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-19807","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19807","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=19807"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19807\/revisions"}],"predecessor-version":[{"id":19808,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19807\/revisions\/19808"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=19807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=19807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=19807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}