{"id":54028,"date":"2016-08-23T09:07:57","date_gmt":"2016-08-23T13:07:57","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=54028"},"modified":"2016-08-23T09:07:57","modified_gmt":"2016-08-23T13:07:57","slug":"the-14-billion-pfizer-drug-deal-is-a-nice-win-for-a-bunch-of-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2016\/the-14-billion-pfizer-drug-deal-is-a-nice-win-for-a-bunch-of-hedge-funds.html","title":{"rendered":"The $14 billion Pfizer drug deal is a nice win for a bunch of hedge funds"},"content":{"rendered":"<p>(Yahoo Finance) A number of hedge funds snapped up cancer drug maker Medivation\u2019s stock during the second quarter possibly making for a nice win. On Monday, Medivation\u2019s (MDVN) stock surged around 20% after pharma giant Pfizer (PFE) said it would acquire the biotech company in a $14 billion deal. The stock was last trading up $13.33 at $80.50 per share.<\/p>\n<p>Medivation just made its debut on Goldman Sachs\u2019 50 stocks that \u201cmatter most\u201d to hedge funds list, ranking No. 17 on the list.<\/p>\n<p><a href=\"http:\/\/finance.yahoo.com\/news\/medivation-popular-hedge-fund-stock-000000023.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Yahoo Finance) A number of hedge funds snapped up cancer drug maker Medivation\u2019s stock during the second quarter possibly making for a nice win. On Monday, Medivation\u2019s (MDVN) stock surged around 20% after pharma giant Pfizer (PFE) said it would [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-54028","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54028","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=54028"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54028\/revisions"}],"predecessor-version":[{"id":54029,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54028\/revisions\/54029"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=54028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=54028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=54028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}