Page 2 - Dan Och News Today

Sculptor Capital Management, Inc.'s Special Committee of its Board of Directors today issued the following statement in response to a complaint filed in Delaware Chancery Court by Daniel S. Och, Harold Kelly, Richard

NEW YORK--(BUSINESS WIRE)--Oct 17, 2023--

Rithm Capital Corp. ("Rithm") (NYSE:RITM) today issued the following statement in response to the complaint filed by the Former EMD Group on October 17, 2023. "During the process, as outlined further in the Sculptor

(Bloomberg) -- Dan Och and a group of former executives of Sculptor Capital Management Inc. sued the hedge fund and proposed acquirer Rithm Capital Corp., saying the $676 million deal would shortchange investors in favor of protecting Sculptor Chief Executive Officer Jimmy Levin’s job. Most Read from BloombergTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapIsrael Latest: Biden Summit With Arab Leaders Is CanceledWill Xi Jinping’s Gamble on Vladimir Putin Pay Off?Hund...

Sculptor Capital Management founder Dan Och and other executives on Tuesday sued the hedge fund, its directors and suitor Rithm Capital Corp , seeking to allow shareholders to hear details of a higher...

(Bloomberg) -- Rithm Capital Corp. scrapped plans to increase its offer for Sculptor Capital Management Inc. to $12.20 a share after the hedge fund firm’s founder, Dan Och, withdrew his support for the sweetened deal. Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOzempic Is Making People Buy Less Food, Walmart SaysThe Moral Case for No Longer Engaging With Elon Musk’s XIt's Done. The Future Is Battery-Powered Electric CarsOnly an Equiti...

(Bloomberg) -- Boaz Weinstein has again boosted his bid for hedge fund firm Sculptor Capital Management Inc., prompting Rithm Capital Corp. to weigh a sweetened offer of its own, according to people familiar with the matter. Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Severe Crash Is Coming for US Office Properties, Survey SaysBig Tech Spared as Bond Selloff Rattles Stocks: Markets WrapJPMorga...

(Bloomberg) -- Boaz Weinstein made his name trading in esoteric corners of the credit markets. But his most audacious bet yet may be trying to catapult his hedge fund firm into the ranks of the industry’s largest players.Most Read from BloombergDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesApple’s $59 Fake-Suede iP...

Segway Inc. is suing the executive who was leading the company at the time it stopped production of its original two-wheeled, self-balancing personal transportation device. This week in the Delaware Court of Chancery kicks off with former Segway President Judy Cai’s attempt to have that lawsuit dismissed.

D1 Capital Partners’s massive exposure to private bets is weighing on returns, making it one of the year’s worst-performing crossover funds.