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Rithm Completes Deal to Buy Hedge Fund Sculptor After Monthslong Drama

(Bloomberg) Rithm Capital Corp. finally completed a deal to buy struggling asset manager Sculptor Capital Management Inc., dashing the ambitions of a hedge fund founder and handing a 35% gain to shareholders.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationBacklash Spreads Over Musk’s Endorsement of Antisemitic PostHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPhones and Andr

New yorkUnited statesBoaz weinsteinMarc lasryJimmy levinJeff yassDaniel taubBill ackmanBloomberg businessweekMichael nierenbergBloomberg rithm capital corpSculptor capital management incSaba capital managementSculptor chief investment officer jimmy levinDan ochSaba capital management

Rithm Completes Deal to Buy Hedge Fund Sculptor After Monthslong Drama

Rithm Completes Deal to Buy Hedge Fund Sculptor After Monthslong Drama
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

United statesNew yorkMichael nierenbergJeff yassDaniel taubMarc lasryBoaz weinsteinJimmy levinBill ackmanBloomberg rithm capital corpSculptor capital management incSaba capital managementSculptor chief investment officer jimmy levinDan och

Ex-Sculptor Executives Sue to Stop Merger Over Wiped-Out Pay

Ex-Sculptor Executives Sue to Stop Merger Over Wiped-Out Pay
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Rithm CEO Says Latest Bid to 'Hopefully' Get Sculptor Deal Done

Rithm CEO Says Latest Bid to 'Hopefully' Get Sculptor Deal Done
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

United statesJimmy levinSonali basakMichael nierenbergBoaz weinsteinBloomberg rithm capital corpChief executive officer michael nierenbergSculptor capital managementDan ochSaba capital managementSculptor chief investment officer jimmy levin

Rithm Scraps Higher Sculptor Bid After Losing Och's Support

(Bloomberg) Rithm Capital Corp. scrapped plans to increase its offer for Sculptor Capital Management Inc. to $12.20 a share after the hedge fund firm’s founder, Dan Och, withdrew his support for the sweetened deal. Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOzempic Is Making People Buy Less Food, Walmart SaysThe Moral Case for No Longer Engaging With Elon Musk’s XIt's Done. The Future Is Battery-Powered Electric CarsOnly an Equities Crash Can Rescue

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