[SolidRedState]

I have no love loss for any newspaper, but hedge funds should not be able to dictate to a business.

A hedge fund forced Cabelas to sell even though the hedge only owned a little over 10 percent of the stock.

How is that possible?

[TexasGator]

“but hedge funds should not be able to dictate to a business.”

Not even when you own the company?

[PGR88]

but hedge funds should not be able to dictate to a business.

Hedge funds are owners, so they have their rights. BUT, hedge-funds are also, financial parasites, using their position at the top of the Federal Reserve monetary creation food-chain, to gather large pools of money at very low interest rates, which is then used burden productive companies with massive amounts of debt, in order to skim their cash-flows.

[Red Badger]

What/Who is Cabelas?..................

[redgolum]

Because they had a bigger stake in Bass Pro.

Cabelas will be gone soon. I am a Nebraska boy, and LOVED the stores. Now they are declining, and with the debt load they will fail soon.