UPDATE 1-Pardus $2 billion hedge fund suspends withdrawals Mon Mar 31, 2008 1:12pm EDT (Adds details, byline) By Dane Hamilton NEW YORK, March 31 (Reuters) - Pardus Capital Management, a global activist hedge fund with over $2 billion in assets, said on Monday it suspended investor withdrawals in the face of slumping values of some of its holdings and demands for capital return. Pardus -- which holds positions in both Delta Air Lines Inc (DAL.N: Quote, Profile, Research) and United Air Lines parent UAL Corp (UAUA.O: Quote, Profile, Research) and has urged the companies to merge -- said it suspended...
