The Traderszone Network

Published in TZ Latest News 16 March, 2017 by The TZ Newswire Staff

Peabody Bankruptcy Exit Could Mean Millions For Hedge Funds

When leading U.S. coal miner Peabody Energy emerges from bankruptcy next month, a group of seven investment funds, including Paul Singer’s Elliott Management and Mark Brodsky’s Aurelius Capital Management, could reap hundreds of millions of dollars in gains from an unusual sale of discounted company stock.

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