{"id":9960,"date":"2009-02-24T00:00:00","date_gmt":"2009-02-24T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-hot-but-not-too-hot-for-nova-chemicals","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2009\/hedge-funds-hot-but-not-too-hot-for-nova-chemicals.html","title":{"rendered":"Hedge funds hot &#8211; but not too hot &#8211; for Nova Chemicals"},"content":{"rendered":"<p>Globe and Mail &#8211; The hedge fund crowd jumped on Nova Chemicals yesterday, thrilled to invest in a takeover, but pessimistic that a bidding war will begin for the chemical company.<\/p>\n<p>Despite heavy trading yesterday, the price of shares in Nova never came close to the $6 (U.S.) a share cash offer from Abu Dhabi state-owned oil company International Petroleum Investment Co. (IPIC).<\/p>\n<p><!-- \/Summary --><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.theglobeandmail.com\/servlet\/story\/LAC.20090224.RWILLIS24\/TPStory\/Business\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Globe and Mail &#8211; The hedge fund crowd jumped on Nova Chemicals yesterday, thrilled to invest in a takeover, but pessimistic that a bidding war will begin for the chemical company. Despite heavy trading yesterday, the price of shares in [&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":[8084,8083,3935,8033,6957,2483,8081,1418,8080,8082,886],"class_list":["post-9960","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-abu-dhabi","tag-bidding-war","tag-chemical-company","tag-crowd","tag-globe-and-mail","tag-international-petroleum","tag-nova-chemicals","tag-oil-company","tag-petroleum-investment-co","tag-share-cash","tag-takeover"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9960","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=9960"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9960\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}