Canada’s largest newspaper chain, Postmedia, is owned by an American hedge fund headed up by a wealthy donor to Donald Trump.
Canada’s largest newspaper chain, Postmedia, is owned by an American hedge fund headed up by a wealthy donor to Donald Trump.
How about banned from owning any Canadian business? Yes, that includes the hedge fund that owns your org’s parent company too
They’re vultures and parasites. They get a friendly CEO into a company who then sells off useful assets and changes to renting/leasing.
Does your org own property/offices. Sell those of to another company under the hedge to show high numbers for the first numbers. Then the company needs to rent - often from those same funds and possibly that exact same property they’re still in - which then makes the business less and less profitable as supply chain is also replaced with whatever profits the hedge most.
Finally, declare bankruptcy, fire-sale any remaining assets (probably to hedge-fund buddies), close up shop and let all the workers go