{"id":56327,"date":"2017-01-30T07:51:27","date_gmt":"2017-01-30T12:51:27","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=56327"},"modified":"2017-01-30T07:51:27","modified_gmt":"2017-01-30T12:51:27","slug":"elliott-sells-stake-in-meggitt-after-failing-to-find-buyer","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2017\/elliott-sells-stake-in-meggitt-after-failing-to-find-buyer.html","title":{"rendered":"Elliott Sells Stake in Meggitt After Failing to Find Buyer"},"content":{"rendered":"<p>\n(The Telegraph) American hedge fund Elliott has quietly sold down its stake in British aerospace supplier Meggitt after struggling to engineer a bid for the \u00a33.3bn company.<\/p>\n<p>The US activist investor revealed in August it had built a 5.2pc holding in the aircraft supplier through contracts-for-difference (CfDs), becoming its fifth-biggest investor and sparking speculation it would try to find a buyer for the FTSE 250 business.<\/p>\n<p><a href=\"http:\/\/www.telegraph.co.uk\/business\/2017\/01\/28\/elliott-sells-stake-meggitt-failing-find-buyer-aerospace-supplier\/\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(The Telegraph) American hedge fund Elliott has quietly sold down its stake in British aerospace supplier Meggitt after struggling to engineer a bid for the \u00a33.3bn company. The US activist investor revealed in August it had built a 5.2pc holding [&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-56327","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56327","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=56327"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56327\/revisions"}],"predecessor-version":[{"id":56328,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56327\/revisions\/56328"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=56327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=56327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=56327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}