Hedge Fund Has Big Gain On Bowling InvestmentMark Melin
June was a reasonably uneventful month for Michael Rothenberg. The $696 million portfolio he manages at Moab Partners, L.P., which was up 1.07% on the month, has been relatively quiet with one exception. One investment out of the fund's 44 positions shined in June -- generating nearly all of the fund's profits. The sector in which the fund invested, the bowling industry, might be considered an unglamorous location, but that is changing for one company . . .
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