TransCanada Corp could be target of activist U.S. hedge funds — including Daniel Loeb’s Third Point

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TransCanada Corp could be target of activist U.S. hedge funds — including Daniel Loeb’s Third Point

CALGARY • Pipeline giant TransCanada Corp., the proponent of the controversial Keystone XL pipeline from Alberta to Texas, could be the next Canadian target of U.S. activist hedge funds looking to boost value through a breakup. The company’s shares have been strong despite KXL’s continuing setbacks, and gained 3.31% on the breakup speculation to reach $60.81…
TransCanada Corp could be target of activist U.S. hedge funds – including Daniel Loeb’s Third Point

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Seth Klarman’s 2021 Letter: Baupost’s “Never-Ending” Hunt For Information

Baupost's investment process involves "never-ending" gleaning of facts to help support investment ideas Seth Klarman writes in his end-of-year letter to investors. In the letter, a copy of which ValueWalk has been able to review, the value investor describes the Baupost Group's process to identify ideas and answer the most critical questions about its potential Read More

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