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Standard General L.P. Standard General L.P. is an American hedge fund headquartered in New York City. It was founded in 2007 by Soohyung "Soo" Kim and Nicholas Singer with seed capital from Reservoir Capital Group. Since 2013, Soo Kim has been the Managing Partner and Chief Investment Officer. [1]
Standard General, which owns a near 23% stake in Bally's and is its largest shareholder, has offered to buy the remaining shares at $15 per share, a 41% premium to its last close. The current ...
UPDATE: Standard General blasted the FCC’s decision to send its proposed acquisition of Tegna to an administrative law judge, accusing the agency of trying to scuttle the deal by delaying it. On ...
Here is a proof for the primal LP "Maximize c T x subject to Ax ≤ b, x ≥ 0": c T x = x T c [since this just a scalar product of the two vectors] ≤ x T (A T y) [since A T y ≥ c by the dual constraints, and x ≥ 0] = (x T A T)y [by associativity] = (Ax) T y [by properties of transpose] ≤ b T y [since Ax ≤ b by the primal constraints ...
Standard General, which is engaged in a proxy contest to replace four of Tegna's board directors, had disclosed earlier last week it converted about a quarter of its 9.7% stake in the company into ...
Standard Insurance Company, also branded as The Standard, is an American insurance and financial company which is a subsidiary of StanCorp Financial Group, headquartered in Portland, Oregon. On July 23, 2015, Meiji Yasuda, a Japanese mutual insurance group, made an offer to purchase Stancorp Financial for $5 billion. The transaction was ...
Young Broadcasting, LLC was an American media company that owned or operated 12 television stations in 10 markets with a total U.S. television household coverage of 5.9%. The company was formerly known as Young Broadcasting Inc. and was the outgrowth of the ad representation firm Adam Young Inc., which was founded in 1944 by Adam Young.
Investment firm Standard General has struck a deal to purchase TV broadcaster Tegna Inc. for $24 per share in cash, the companies announced Tuesday. That’s approximately $5.4 billion total ...