Activist investors push for Canadian energy deals as prices languish: Reuters
With a sinking oil price driving Canadian energy shares to decade lows, activist hedge funds are pushing hard for companies to look at mergers and acquisitions or asset sales to curb costs and help the funds reduce their own investment losses, Reuters reported. U.S. hedge funds FrontFour Capital, Orange Capital and Livermore Partners, as well as Canada's West Face Capital, have been the most active of late.
13 August 2015•3 mins read
