{"id":66072,"date":"2018-10-08T01:46:39","date_gmt":"2018-10-08T05:46:39","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=66072"},"modified":"2018-10-08T01:46:39","modified_gmt":"2018-10-08T05:46:39","slug":"meg-energy-holder-highfields-sees-bidding-war-after-husky-offer","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2018\/meg-energy-holder-highfields-sees-bidding-war-after-husky-offer.html","title":{"rendered":"MEG Energy Holder Highfields Sees Bidding War After Husky Offer"},"content":{"rendered":"<p>(Bloomberg) Highfields Capital Management is in no rush to sell its MEG Energy Corp. stake, instead betting that a bidding war for the Calgary-based oil sands company could erupt amid a C$6.3 billion ($4.9 billion) hostile takeover attempt by Husky Energy Inc. The Boston-based investment firm\u2019s chief executive officer, Jon Jacobson, made the surprise announcement Wednesday that his $12.1 billion hedge fund will wind down and begin returning clients\u2019 money by the end of the year, joining other star managers who have exited the business.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-10-04\/meg-energy-holder-highfields-sees-bidding-war-after-husky-offer\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Highfields Capital Management is in no rush to sell its MEG Energy Corp. stake, instead betting that a bidding war for the Calgary-based oil sands company could erupt amid a C$6.3 billion ($4.9 billion) hostile takeover attempt by Husky [&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-66072","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66072","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=66072"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66072\/revisions"}],"predecessor-version":[{"id":66073,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66072\/revisions\/66073"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=66072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=66072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=66072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}