Published on 18 Oct 2023 on Bloomberg via Yahoo Finance
Hedge Fund Sculptor Sued by Billionaire Founder Over Rithm Deal
(Bloomberg) -- Dan Och and a group of former executives of Sculptor Capital Management Inc. sued the hedge fund and proposed acquirer Rithm Capital Corp., saying the $676 million deal would shortchange investors in favor of protecting Sculptor Chief Executive Officer Jimmy Levin’s job.
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