#investments It’s crunch day for hedge funds trying to mak | Ouch Crazy Money
#investments
It’s crunch day for hedge funds trying to make a turn on the 2.3 billion-pound ($3.2 billion) buyout bid for U.K. power group Aggreko Plc.
A few weeks ago, the funds were betting that a higher offer would turn up for the supplier of generators to events such as the Glastonbury music festival. Now they’re worried the show could be cancelled altogether.
Aggreko agreed to be bought for 880 pence per share by I Squared Capital and TDR Capital in March
