(Reuters) - "We think the deal is dead," said Jeffrey Ubben, managing partner of the California-based hedge fund. "We've talked to the large shareholders and haven't found anyone who likes the deal."
He declined to name the shareholders, but noted that Advanced Medical's base is very concentrated, with three funds holding about 40 percent of shares.
Read more at Reuters.com Mergers News
He declined to name the shareholders, but noted that Advanced Medical's base is very concentrated, with three funds holding about 40 percent of shares.
Read more at Reuters.com Mergers News
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