Norris: Squeezing The Shorts [ANALYSIS]
Floyd Norris of The New York Times observes that in announcing a surprise 75% stake in Germany’s Volkswagen on Monday, Porsche pulled off a clever new move: use derivatives to beat short-selling hedge funds at their own game. (NYT)
Related:
- Hedge Funds To Ask EU For Porshe-VW Resolution
- Porsche To Settle VW Trades As Hedge Funds Count Losses
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