{"id":24136,"date":"2011-08-17T04:41:43","date_gmt":"2011-08-17T08:41:43","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=24136"},"modified":"2011-08-17T04:42:33","modified_gmt":"2011-08-17T08:42:33","slug":"24136","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2011\/24136.html","title":{"rendered":"Hedge fund giant Paulson & Co. dissolves stake in Boston Scientific"},"content":{"rendered":"

Mass Device – Paulson & Co. Inc. is Boston Scientific Corp.’s largest shareholder no more, after liquidating its position in BSX completely by selling off some 15 million shares of the Natick, Mass.-based medical device company during the second quarter. The New York-based fund has been steadily selling off its BSX shares for more than a year. As of the end of the first quarter 2011, the fund held 15 million shares, which was valued at $107.9 million at the time, according to regulatory filings.<\/p>\n

However, the fund sold off its remaining holdings sometime during the second quarter, when BSX share prices ranged from $7.19 March 31 to $6.91 by June 30. That leaves Paulson fetching between $104 million and $108 million with the sell-off.<\/p>\n

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Mass Device – Paulson & Co. Inc. is Boston Scientific Corp.’s largest shareholder no more, after liquidating its position in BSX completely by selling off some 15 million shares of the Natick, Mass.-based medical device company during the second quarter. […]<\/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-24136","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24136","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=24136"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24136\/revisions"}],"predecessor-version":[{"id":24138,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24136\/revisions\/24138"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=24136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=24136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=24136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}