{"id":70908,"date":"2019-09-11T01:23:41","date_gmt":"2019-09-11T05:23:41","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=70908"},"modified":"2019-09-13T01:55:29","modified_gmt":"2019-09-13T05:55:29","slug":"paulsons-hedge-fund-calls-on-callon-to-drop-merger-sell-itself-2","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2019\/paulsons-hedge-fund-calls-on-callon-to-drop-merger-sell-itself-2.html","title":{"rendered":"Paulson&#8217;s hedge fund calls on Callon to drop merger, sell itself"},"content":{"rendered":"<p>(Reuters) &#8211; Billionaire investor John Paulson\u2019s hedge fund on Monday urged Callon Petroleum Co (CPE.N) to drop its proposed $3.2 billion acquisition of Carrizo Oil &#038; Gas Inc (CRZO.O), and instead consider selling itself. Paulson &#038; Co funds, which hold about a 9.5% stake in Callon, said in a letter to the company\u2019s board that adding Carrizo\u2019s \u201cinferior Eagle Ford assets will permanently reduce the attractiveness of Callon to potential acquirers.\u201d <\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-callon-petroleum-paulson\/paulsons-hedge-fund-calls-on-callon-to-drop-merger-sell-itself-idUSKCN1VU1DD\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Billionaire investor John Paulson\u2019s hedge fund on Monday urged Callon Petroleum Co (CPE.N) to drop its proposed $3.2 billion acquisition of Carrizo Oil &#038; Gas Inc (CRZO.O), and instead consider selling itself. Paulson &#038; Co funds, which hold [&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-70908","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70908","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=70908"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70908\/revisions"}],"predecessor-version":[{"id":70909,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70908\/revisions\/70909"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=70908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=70908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=70908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}