Summary
NORWALK, Conn. (HedgeWorld.com) - Thomas Hudson, principal of Pirate Capital LLC, wrote investors in two of the activist funds within the Pirate group telling them they won't be able to withdraw money from either of the funds.
The two frozen funds - one offshore, one onshore - are also closed to new investors and new investments. Pirate's two larger event-driven funds are unaffected.See the full content of this document
Extract
Some Pirate's Treasure Called Special'
The activist funds have four portfolio companies, each traded on the New York Stock Exchange, and acco...
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