Tag: Corporate Debt Instruments

Opinion: Meme stock investors are bringing AMC and other troubled companies back to life

During the takeover battles of the 1980s, the term “white squire” designated a significant bloc shareholder that management enlisted to deter or defeat unwanted bids for corporate control. For example, Warren Buffett’s Berkshire Hathaway and Lazard Freres’ Corporate Partners were white squires. In proxy contests nowadays, management cultivates its quality shareholders (those that are long-term and focused) […]

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Bond traders betting on hotels or shopping malls now have Big Data at hand

But bond traders in the notoriously niche $600 billion commercial mortgage-backed securities market (CMBS), now have more ways than ever to tap Big Data when betting on a recovery — or decline — of specific hotel properties or a cluster of shopping malls. Like with so many things lately, the pandemic has been a catalyst. […]

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