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Hedge Fund Could Bid For Hudson News Wholesale Operation
Could Anthony Melchiorre’s Chatham Asset Management be readying a bid to buy out Jimmy Cohen’s Hudson News magazine wholesale distribution business? “I wouldn’t be surprised if it happens in the third or fourth quarter,” said one veteran of the magazine circulation wars. Indeed, two industry execs believe the deal will get done. This week, Chatham-backed American News Co. bought out struggling national wholesaler Curtis Circulation. But sources think the dealmaking and consolidation by the secretive hedge fund boss is far ... Full investment news article
Canada's Struggling Energy Industry Takes Stock At Annual Stampede Party
Frustration is palpable among Canadian energy executives who have flocked to the annual Calgary Stampede celebrations in Canada's oil capital this week, even though a recent pipeline approval gives them something to celebrate amid the rodeo competitions, corporate parties and pancake breakfasts. Full investment news article
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