{"id":28707,"date":"2012-04-26T09:39:49","date_gmt":"2012-04-26T13:39:49","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=28707"},"modified":"2012-04-26T09:39:49","modified_gmt":"2012-04-26T13:39:49","slug":"george-soros-buys-7-percent-of-openwave","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2012\/george-soros-buys-7-percent-of-openwave.html","title":{"rendered":"George Soros&#8217; Buys 7 Percent of Openwave"},"content":{"rendered":"<p>Forbes &#8211; George Soros, founder of the second-best-performing hedge fund of all time, the Quantum Fund, bought 6 million shares of Openwave (OPWV) on April 10 at approximately $2.41 per share, as reported by\u00a0GuruFocus Real Time Picks. Soros had previously built up a position of 176,100 shares in the first quarter of 2010 around the price of $2.50, and gradually sold out as the price never substantially increased.<\/p>\n<p>On April 16, Openwave announced that it would sell one of its three core units \u2013 the mediation and messaging products business \u2013 to a private equity firm. The company had announced that it was positioning itself for such a sale in its second-quarter fiscal 2012 results issued February 1.<\/p>\n<p><a href=\"http:\/\/www.forbes.com\/sites\/gurufocus\/2012\/04\/26\/george-soros-buys-7-percent-of-openwave\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes &#8211; George Soros, founder of the second-best-performing hedge fund of all time, the Quantum Fund, bought 6 million shares of Openwave (OPWV) on April 10 at approximately $2.41 per share, as reported by\u00a0GuruFocus Real Time Picks. Soros had previously [&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-28707","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28707","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=28707"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28707\/revisions"}],"predecessor-version":[{"id":28709,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28707\/revisions\/28709"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=28707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=28707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=28707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}