As we have made clear with repeated requests for comment, we are eager to hear Ramaswamy's explanation for his success.
over its pre-acquisition closing price. QVT cashed out quickly, with another significant gain from yet another acquisition-driven payout.merger negotiation disclosures retroactivelywe found that Anadys first started meeting with investment banks to explore a potential sale of the company in March 2010 before exclusively engaging with Lazard in May 2010
to discuss potential combinations, during the same quarter that QVT was buying 5 million new shares, nearly doubling the hedge fund's pre-existing holdings and making Ramaswamy's firm the single largest investors in Anadys, owning two times more shares than the second largest, even though the stock was unloved among biotech experts and sophisticated Wall Street analysts, with professionals such as Roth Capital expressingIn summary, Ramaswamy and his hedge fund somehow pulled off the...
Finally, merely months after buying the stock or increasing the investment in the stock, realized a huge payday when the company was acquired at a generous premium and immediately, completely cashed out afterwards or shortly beforehand, as news started to emerge of potential acquisition.
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