{"id":68443,"date":"2019-03-19T01:21:20","date_gmt":"2019-03-19T05:21:20","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=68443"},"modified":"2019-03-19T01:21:20","modified_gmt":"2019-03-19T05:21:20","slug":"hedge-funds-push-interserve-into-administration-leaving-16500-small-shareholders-with-nothing","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2019\/hedge-funds-push-interserve-into-administration-leaving-16500-small-shareholders-with-nothing.html","title":{"rendered":"Hedge Funds Push Interserve into Administration Leaving 16,500 Small Shareholders with Nothing"},"content":{"rendered":"<p>\n(The Daily Mail) Two foreign hedge funds pushed Interserve into administration \u2013 and left 16,500 small shareholders with nothing.In a humiliating blow to the Government contractor\u2019s chief executive Debbie White and chairman Glyn Barker, investors rejected a rescue package that would have slashed their stake in the company to just 5 per cent and handed the other 95 per cent to Interserve\u2019s lenders.<br \/>\nThe rebellion was led by New York-based hedge fund Coltrane Asset Management, the largest investor with a 27 per cent stake, and Dutch fund Farringdon, which held about 6 per cent.<\/p>\n<p><a href=\"https:\/\/www.thisismoney.co.uk\/money\/markets\/article-6815345\/Interserve-set-fall-administration-hedge-funds-reject-rescue.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(The Daily Mail) Two foreign hedge funds pushed Interserve into administration \u2013 and left 16,500 small shareholders with nothing.In a humiliating blow to the Government contractor\u2019s chief executive Debbie White and chairman Glyn Barker, investors rejected a rescue package that [&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-68443","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68443","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=68443"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68443\/revisions"}],"predecessor-version":[{"id":68444,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68443\/revisions\/68444"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=68443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=68443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=68443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}