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Business, Stocks

“Sculptor’s Clients Pull $667 Million Amid Merger Battle”

“Sculptor Capital Management clients yanked $667 million from the firm’s main hedge fund in the third quarter, marking the sixth straight period of net redemptions…

Rithm upped its offer to $12.70 a share, from $12, valuing Sculptor at about $720 million. Sculptor shares closed Wednesday at $12.65…”

https://finance.yahoo.com/news/sculptor-clients-pull-667-million-223447407.html

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