It seems Paul Singer’s sudden and exuberant buying of Kabel Deutschland Holding AG (FRA:KD8) (ETR:KD8) has failed to impress Vodafone Group Plc (NASDAQ:VOD) (LON:VOD), as the British telecom company has reiterated its offer and said that it will not raise the bid or extend deadlines. Elliott Management pushed up its position in Kabel Deutschland Holding AG (FRA:KD8) (ETR:KD8) from 5.1% to 10.9% of shares, according to a filing on Sep 9. Vodafone set September 11 as deadline for Kabel This was a huge position, which is especially of note in the context that Vodafone Group Plc (NASDAQ:VOD) (LON:VOD) had set Sept. 11 as the…
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
