Singer’s $2B deal for QEP on shaky ground after bid reduced
Yet another bold buyout engineered by Paul Singer is in danger of fizzling. The hard-charging billionaire’s activist hedge fund Elliott Management has slashed the price of its takeover bid for energy company QEP Resources, throwing the $2 billion deal into doubt, The Post has learned. Elliott — famous for staring down high-profile targets ranging from…
Singer’s $2B deal for QEP on shaky ground after bid reduced
Yet another bold buyout engineered by Paul Singer is in danger of fizzling. The hard-charging billionaire’s activist hedge fund Elliott Management has slashed the price of its takeover bid for energy company QEP Resources, throwing the $2 billion deal into doubt, The Post has learned. Elliott — famous for staring down high-profile targets ranging from…