{"id":33448,"date":"2013-01-17T05:28:23","date_gmt":"2013-01-17T10:28:23","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=33448"},"modified":"2013-01-17T05:28:23","modified_gmt":"2013-01-17T10:28:23","slug":"hedge-funds-nurse-heavy-losses-after-ups-tnt-deal-collapses-2","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2013\/hedge-funds-nurse-heavy-losses-after-ups-tnt-deal-collapses-2.html","title":{"rendered":"Hedge funds nurse heavy losses after UPS-TNT deal collapses"},"content":{"rendered":"<p>Reuters &#8211; United Parcel Service&#8217;s decision to abandon its 5.2 billion euro bid for TNT Express has left hedge funds nursing potential losses of more than $700 million, as the Dutch delivery firm&#8217;s shares slid.<\/p>\n<p>So-called merger arbitrage funds &#8211; which make money betting on the outcomes of corporate events including takeovers &#8211; are estimated to have owned around 30 percent of TNT shares before Monday&#8217;s news European anti-trust regulators would veto it, several sources familiar with the sector said.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/2013\/01\/15\/uk-ups-tntexpress-hedgefunds-idUSLNE90E00I20130115\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; United Parcel Service&#8217;s decision to abandon its 5.2 billion euro bid for TNT Express has left hedge funds nursing potential losses of more than $700 million, as the Dutch delivery firm&#8217;s shares slid. So-called merger arbitrage funds &#8211; [&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-33448","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33448","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=33448"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33448\/revisions"}],"predecessor-version":[{"id":33450,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33448\/revisions\/33450"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=33448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=33448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=33448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}