Dan Loeb, Other Bondholders Sue EU Over Espirito Santo Bailout

The bailout of Portuguese bank Banco Espirito Santo SA (ELI:BES) by the European Union has been challenged by hedge funds that held major investments in the company. Those leading the charge are Dan Loeb's Third Point and Brazilian investment company BTG Pactual.
Dan Loeb challenges Banco Espirito Santo bailout
According to a report from the Financial Times, Third Point . . .


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