Darwinian M&A Process In Oilpatch May Be Accelerated In 2015

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Darwinian M&A Process Oilpatch 1

Darwinian M&A process in oilpatch may be accelerated in 2015

This year saw record mergers and acquisitions in the Canadian oilpatch, and it could be more of the same in 2015 as low commodity prices entice cash-strong companies to pick up distressed assets, according to analysts. Just under US$63 billion was deployed in M&A activity in Canada by December 22, four times the value of deals…

This fund run by a SAC Capital alum bought restaurant stocks amid the pandemic

restaurantPrentice Capital Management was up 6.6% for the first four months of the year, compared to the S&P 500's 9.3% decline and the Russell 2000's 21.1% decline. The HFRX Equity Hedge Index was down 9.4% for the quarter. Q1 2020 hedge fund letters, conferences and more Gross and net exposures In his first-quarter letter to Read More