Ackman Buys 3.1 Million Netflix Shares With $1.25 Billion Profit From Massive Treasury Short

From ZH A few days ago we pointed out that one of the event risks in a sliding market is distressed M&A in which cash-rich buyers scoop up beaten down assets, and of which we have already seen two examples: Microsoft’s acquisition of a deeply discounted Activision and more recently, last week’s acquisition of Kohl’s […]

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