Dutch Telecom Company Boosts Hedge Fund Returns

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HFA Staff
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Several telecom related deals have been brokered in Europe over the last couple of months. Vodafone Group Plc (NASDAQ:VOD) (LON:VOD) bought Kabel Deutschland Holding AG (OTCMKTS:KBDHF) (FRA:KD8) (ETR:KD8), Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) announced that it will be selling its handset business to Microsoft Corporation (NASDAQ:MSFT) and Vodafone sold its position in Verizon Wireless back to the company. Each transaction affected hedge funds who were positioned on the long and short side of the companies. KPN Foundation feeds poison pill to América Móvil Another M&A event which has controlled hedge fund returns in the past months is the possible sale…

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