Sunday, May 2, 2010

Hedge Funds seek $2 Billion from Porsche in Damages

More hedge fund have joined the lawsuit against Porsche, which accuses the company of wrongdoing in its acquisition of VW. The lawsuit, which is seeking more than $2 billion, was initiated by Glenhill, Elliot Associates, and Perry Partners.

The new additions include: Canyon Capital, DE Shaw, Greelight Capital, Ironbound, Royal Capital and Tiger Global.

For more details see:
For more details on the above hedge funds see:

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