Seeking Alpha

Several hedge funds, including the one run by John Paulson, and mutual fund firm Franklin...

Several hedge funds, including the one run by John Paulson, and mutual fund firm Franklin Resources (BEN) are among foreign investors betting Canada will approve Cnooc's (CEO) takeover bid from Nexen (NXY) after all bought shares in NXY during Q3. The growing consensus: ‘‘The Canadian government wants to be seen as open to deals and business. It is not in their interest to say no.’’
Comments (1)
  • John, don't you mean "It is not in YOUR interest to say no."
    19 Nov 2012, 01:32 PM Reply Like
DJIA (DIA) S&P 500 (SPY)