{"id":9274,"date":"2008-12-03T00:00:00","date_gmt":"2008-12-03T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-forced-to-adapt-or-die","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2008\/hedge-funds-forced-to-adapt-or-die.html","title":{"rendered":"Hedge funds forced to adapt or die"},"content":{"rendered":"<p><span class=\"Apple-style-span\"><\/p>\n<p><span class=\"Apple-style-span\">International Herald Tribune &#8211; <\/span>The mergers and acquisitions business is about to take a deep&nbsp;dive.<\/p>\n<p>For most of the financial crisis, it has remained surprisingly buoyant. This was partly because there was a lot of business to be done selling troubled banks like Merrill Lynch, HBOS and&nbsp;Fortis.<\/p>\n<p>There was also the overhang of deals from the bubble era. But in the past week, two such megadeals &#8211; the miner BHP Billiton&#8217;s hostile bid for a rival, Rio Tinto, and the planned leveraged buyout of Bell Canada &#8211; have come apart at the&nbsp;seams.<\/p>\n<p>As the financing squeeze tightens, other deals could follow&nbsp;suit.<\/p>\n<p>Financing Verizon Wireless&#8217;s acquisition of Alltel is proving to be a strain. Verizon Wireless has issued bonds and is looking to raise some bank debt. But the company may have to pay a high&nbsp;price.<\/p>\n<p><\/span>  <a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.iht.com\/articles\/2008\/12\/02\/business\/views03.php\" target=\"_blank\"><span class=\"Apple-style-span\">Read Complete Article<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>International Herald Tribune &#8211; The mergers and acquisitions business is about to take a deep&nbsp;dive. For most of the financial crisis, it has remained surprisingly buoyant. This was partly because there was a lot of business to be done selling [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[749,552,1844,1082,3645,1491,753,103,4008,3602,1180,578,746,855],"class_list":["post-9274","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-abbey","tag-alignment","tag-contagion","tag-david-letterman","tag-european-officials","tag-john-studzinski","tag-market-abuse","tag-pergam-finance","tag-plains-exploration","tag-pogo-producing","tag-prime-fund","tag-private-equity-investors","tag-tci-group","tag-wrong-way"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9274","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9274"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9274\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}