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$3B Disney bet caused Nelson Peltz’s hedge fund to underperform in 2023: source

A $3 billion bet on Walt Disney by Nelson Peltz's Trian Fund Management was compared to the investment management firm's activist hedge fund, according to financial details provided to Reuters by Trian investors. This was the main reason for last year's poor performance. The previously unreported details illustrate the high financial stakes for Tryon as […]

Shari Redstone launches auction of Paramount Global holder: source

Shari Redstone will begin a formal auction for National Amusements, the holding company that controls the struggling media giant Paramount Global, the newspaper reported. Redstone's banker, BDT Capital Partners, the 69-year-old daughter of media mogul Sumner Redstone, has circulated non-disclosure agreements to private equity firms giving them access to National Amusement's finances. The company has […]

SEC Hustles to Answer Latest Bitcoin ETF Filings: Source – CoinDesk

U.S. Securities and Exchange Commission officials told prospective issuers of Bitcoin exchange-traded funds (ETFs) that the companies would submit documents detailing fees for their proposed products, according to people familiar with the comments. I posted a comment just a few hours later. The issuer is required to submit updated documents on Tuesday, the person said. […]

Biden Admin ‘Cleans Up Border’ Ahead of Congressional Visit, Says Source

EAGLE PASS, Texas — With just hours left until the largest congressional trip to the border in the small Texas town of Eagle Pass, Customs and Border Protection officials tell Breitbart Texas that the surge in migrants is He said he would see things that pale in comparison. and the extreme overcrowding of facilities experienced […]