{"id":66022,"date":"2018-10-03T00:01:39","date_gmt":"2018-10-03T04:01:39","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=66022"},"modified":"2018-10-05T00:27:24","modified_gmt":"2018-10-05T04:27:24","slug":"hedge-funds-in-the-business-of-breaking-up-deals-see-big-payoff","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2018\/hedge-funds-in-the-business-of-breaking-up-deals-see-big-payoff.html","title":{"rendered":"Hedge Funds In The Business Of Breaking Up Deals See Big Payoff"},"content":{"rendered":"<p>(CNBC) Carl Icahn recently tried to destroy Cigna&#8217;s $54 billion purchase of Express Scripts by buying shares of Cigna and pushing it to get out of the deal\u2026.Icahn&#8217;s strategy, also employed by others, runs counter to this traditional merger arbitrage and is one researchers have dubbed &#8220;activist arbitrage.&#8221;<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2018\/10\/02\/hedge-funds-in-the-business-of-breaking-up-deals-see-big-payoff-study-finds.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Carl Icahn recently tried to destroy Cigna&#8217;s $54 billion purchase of Express Scripts by buying shares of Cigna and pushing it to get out of the deal\u2026.Icahn&#8217;s strategy, also employed by others, runs counter to this traditional merger arbitrage [&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-66022","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66022","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=66022"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66022\/revisions"}],"predecessor-version":[{"id":66023,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66022\/revisions\/66023"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=66022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=66022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=66022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}