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Stock Market & Financial Investment News

News Breaks
February 23, 2014
18:52 EDTOAK, TRBAABlue Harbour Group reveals stake in Tribune Co., WSJ says
Activist hedge fund Blue Harbour Group, which has a 2.5% stake in Tribune (TRBAA), is said to be in discussions with Tribune Co. management to take steps including selling its real-estate holdings and the spectrum its broadcast properties own in order to boost share value, says the Wall Street Journal, citing people familiar with the matter. Oaktree Capital Group (OAK) also has equity in Tribune Co., added the Wall Street Journal. Reference Link
News For TRBAA;OAK From The Last 14 Days
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June 28, 2015
17:10 EDTOAKMolycorp fails to secure $44M bankruptcy loan, Reuters says
Molycorp (MCPIQ) has failed to secure a roughly $44M bankruptcy loan, Reuters reported Friday, citing court proceedings. The report notes that Judge Christopher Sontchi concurred with an objection raised by an Oaktree (OAK) affiliate that the company could not defend its need for such a loan. Reference Link

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