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Dan Och is demanding that Sculptor Capital Management release records to investigate how the hedge fund firm chose Rithm Capital as its merger partner.

Sculptor Capital Management received multiple takeover bids that were higher than the US$639mil (RM2.9bil) offer it ultimately accepted from Rithm Capital Corp last month, the latest twist in a deal that’s divided Wall Street.

(Bloomberg) -- Dan Och is demanding that Sculptor Capital Management release books and records to investigate how the hedge fund firm he founded chose Rithm Capital Corp. as its merger partner. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefStocks Fail to Catch a Bid Before Nvidia’s Results: Markets WrapGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekA Sculptor proxy s

(Bloomberg) -- Sculptor Capital Management Inc. spurned an unsolicited bid from a group of hedge fund giants including Boaz Weinstein and Bill Ackman. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionBond Bulls at JPMorgan, Allianz Double Down on Bet Gone Bad“This bidder has not demonstrated adequate committed funding for any of its bids

Be careful what you wish for. That’s the lesson that Dan Och is being reminded of as he once again tries to influence the future of Sculptor Capital…