{"id":39551,"date":"2013-12-12T06:53:15","date_gmt":"2013-12-12T11:53:15","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=39551"},"modified":"2013-12-12T06:53:15","modified_gmt":"2013-12-12T11:53:15","slug":"firstgroup-rejects-us-hedge-fund-break-up-proposal","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2013\/firstgroup-rejects-us-hedge-fund-break-up-proposal.html","title":{"rendered":"FirstGroup rejects US hedge fund break-up proposal"},"content":{"rendered":"<div>\n<p>Independent &#8211; FirstGroup has rejected pressure from a US investor to sell-off its North American bus business in a bid to boost shareholder value.<\/p>\n<\/div>\n<div>\n<p>New York-based hedge fund Sandell Asset Management, which has a 3.1 per cent stake in FirstGroup, wrote to the transport group\u2019s board calling for a spin-off and flotation of its US school and transit businesses, and the sale of Greyhound, its inter-city bus provider.<\/p>\n<p><a href=\"http:\/\/www.independent.co.uk\/incoming\/firstgroup-rejects-us-hedge-fund-breakup-proposal-8997944.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Independent &#8211; FirstGroup has rejected pressure from a US investor to sell-off its North American bus business in a bid to boost shareholder value. New York-based hedge fund Sandell Asset Management, which has a 3.1 per cent stake in FirstGroup, [&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-39551","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39551","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=39551"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39551\/revisions"}],"predecessor-version":[{"id":39552,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39551\/revisions\/39552"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=39551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=39551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=39551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}