Howard Meyers, the lead tycoon accused of bilking his creditors out of $2 billion, is having no luck settling the dispute. Meyers-controlled EB Holdings II said it made a sweetened $735.9 million cash settlement offer last month to the creditors — including New York hedge fund GoldenTree Asset Management — but the creditors apparently soured...
NYS Entity Status
NYS Filing Date
APRIL 28, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED LIABILITY COMPANY
2014 - GOLDENTREE DISTRESSED FUND 2014 GP LLC
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Dan Loeb just placed his biggest bet ever on a chocolate company. The activist investor’s hedge fund Third Point LLC amassed a $3.5 billion stake in Nestle, the world’s largest packaged foods company, representing roughly 1.25 percent of the Swiss-based company’s shares. Loeb is hoping to reinvigorate the brand amid changing food tastes as well...