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Rithm Completes Deal to Buy Hedge Fund Sculptor After Monthslong Drama

(Bloomberg) -- Rithm Capital Corp. finally completed a deal to buy struggling asset manager Sculptor Capital Management Inc., dashing the ambitions of a hedge fund founder and handing a 35% gain to shareholders.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationBacklash Spreads Over Musk’s Endorsement of Antisemitic PostHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPho...
New York United States Boaz Weinstein Marc Lasry Jimmy Levin Jeff Yass
Source: yahoo.com

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