{"id":57842,"date":"2017-05-04T08:52:00","date_gmt":"2017-05-04T12:52:00","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=57842"},"modified":"2017-05-04T08:52:00","modified_gmt":"2017-05-04T12:52:00","slug":"activist-hedge-fund-tci-says-zodiac-shares-now-worth-even-less","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2017\/activist-hedge-fund-tci-says-zodiac-shares-now-worth-even-less.html","title":{"rendered":"Activist Hedge Fund TCI Says Zodiac Shares Now Worth Even Less"},"content":{"rendered":"<p>(Reuters) Activist hedge fund TCI Fund Management on Wednesday said Zodiac Aerospace shares were now worth 7-10 euros each ($10.92), after the French firm last Friday posted a first-half loss. TCI is campaigning to pressure Zodiac suitor Safran to drop its bid to buy the firm and had previously valued it at 10 euros a share in a presentation on March 24. The hedge fund manager said in a presentation shared with Reuters on Wednesday that an offer above 10 euros &#8220;results in value destruction&#8221;.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/zodiac-ma-idUSL8N1I551Q\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Activist hedge fund TCI Fund Management on Wednesday said Zodiac Aerospace shares were now worth 7-10 euros each ($10.92), after the French firm last Friday posted a first-half loss. TCI is campaigning to pressure Zodiac suitor Safran to drop [&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-57842","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57842","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=57842"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57842\/revisions"}],"predecessor-version":[{"id":57843,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57842\/revisions\/57843"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=57842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=57842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=57842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}