TCI Abandoning Deutsche Boerse
| April 3rd, 2009 | ||
| In press release yesterday, Deutsche Boerse AG announced that the Children's Investment Fund (TCI) had reduced its stake the company to just 0.96%. TCI and Atticus Capital had been engaged in a lengthy activist battle with Deutsche Boerse. Earlier this week, the hedge funds announced that their pact to work against Deutsche Boerse AG had ended. Atticus has also reduced its stake in the company from 9% to less than 3%. | ||
See Press Release | ||
For Detailed Investor Profiles on these Investors, click below: |
Atticus Capital |
The Children's Investment Fund Mgmt |
Related People: Chris Hohn;
Related Entities: Attara Capital LP;
Related Article Tags: Shareholder Activists, Corporate Raiders and Proxy Battles
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