{"id":46752,"date":"2015-03-04T07:55:48","date_gmt":"2015-03-04T12:55:48","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=46752"},"modified":"2015-03-04T07:55:48","modified_gmt":"2015-03-04T12:55:48","slug":"hedge-fund-kerrisdale-says-webster-should-consider-spinoff","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2015\/hedge-fund-kerrisdale-says-webster-should-consider-spinoff.html","title":{"rendered":"Hedge fund Kerrisdale says Webster should consider spinoff"},"content":{"rendered":"<p>Reuters &#8211; Hedge fund Kerrisdale Capital on Monday urged Webster Financial Corp to consider spinning off its health savings business from its main banking operations, a move it said could boost the company&#8217;s share price by 36 percent.<\/p>\n<p>&#8220;We believe that Webster is now trading at an over $1 billion discount to fair value,&#8221; the New York-based fund wrote in a letter sent to Webster Chief Executive Officer James Smith and seen by Reuters.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/2015\/03\/02\/us-webster-fin-kerrisdale-idUSKBN0LY1JX20150302\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Hedge fund Kerrisdale Capital on Monday urged Webster Financial Corp to consider spinning off its health savings business from its main banking operations, a move it said could boost the company&#8217;s share price by 36 percent. &#8220;We believe [&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-46752","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46752","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=46752"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46752\/revisions"}],"predecessor-version":[{"id":46753,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46752\/revisions\/46753"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=46752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=46752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=46752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}