{"id":68357,"date":"2019-03-10T03:07:53","date_gmt":"2019-03-10T07:07:53","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=68357"},"modified":"2019-03-12T23:22:39","modified_gmt":"2019-03-13T03:22:39","slug":"third-point-holds-celgene-stock-in-bet-bristol-myers-deal-will-close","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2019\/third-point-holds-celgene-stock-in-bet-bristol-myers-deal-will-close.html","title":{"rendered":"Third Point holds Celgene stock, in bet Bristol-Myers deal will close:"},"content":{"rendered":"<p>(Reuters) &#8211; Daniel Loeb\u2019s hedge fund Third Point LLC owns a small stake in Celgene Corp, betting that the proposed $74 billion sale of the biotechnology company to Bristol-Myers Squibb Co will be completed, a person familiar with the matter said on Monday. Third Point\u2019s previously undisclosed position illustrates how some prominent hedge funds are placing opposing bets on what would be the biggest-ever pharmaceutical acquisition.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-celgene-m-a-bristol-myers-thirdpoint\/third-point-holds-celgene-stock-in-bet-bristol-myers-deal-will-close-source-idUSKBN1QS2R3\">To read this article: <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Daniel Loeb\u2019s hedge fund Third Point LLC owns a small stake in Celgene Corp, betting that the proposed $74 billion sale of the biotechnology company to Bristol-Myers Squibb Co will be completed, a person familiar with the matter [&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-68357","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68357","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=68357"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68357\/revisions"}],"predecessor-version":[{"id":68358,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68357\/revisions\/68358"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=68357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=68357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=68357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}