Share to Twitter Share to Linkedin Carlson Capital's Black Diamond Arbitrage Partners generated a net return of -0.91% for the second quarter, bringing its first-half return to -1.52%. The fund's special situations and other event-driven investments drove the loss, detracting 84 basis points. Its merger arbitrage positions detracted 24 basis points from the quarterly return. Twitter offer unlike any other deal In his second-quarter letter to investors, Carlson's Event-Driven chief Jesse Ho comments on Tesla TSLA CEO Elon Musk's high-profile attempt to get out of the $44 billion offer he made to buy Twitter. He states that it is "certainly unlike any deal we have ever followed." In mere weeks, Musk went from clinching the deal to trying to terminate it — all while trolling Twitter on its own platform. The Carlson fund started building a position in Twitter during the second quarter, but its sizing and hedging reflected its base case assumption … [Read more...] about Carlson Capital’s Jesse Ho Sees Minimum Price Of $44/ Share In Elon Musk’s Twitter Buyout
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Authorities Bust Illegal Alien Stash Houses In Wealthy DC Neighborhood: REPORT
Agents with Immigration and Customs Enforcement (ICE) busted stash houses in houses in an affluent Washington, D.C., neighborhood, where dozens of illegal aliens were allegedly concealed, NBC News reported Thursday. ICE Homeland Security Investigations (HSI) authorities found 73 migrants, including 60 adults and 13 children, in northwest Washington homes in an area where the median home price is $750,000, NBC News reported , citing internal documents. (RELATED: In Just One Week, Border Patrol Arrested Over 100 Felons Illegally Crossing The Border) An HSI spokesperson told the Daily Caller News Foundation declined to comment on the investigation. “Our goal is to identify, disrupt, and dismantle significant Transnational Criminal Organizations (TCO) involved in human smuggling through the aggressive, and smart, application of the full range of our authorities. In April, DHS committed more than $50 million to bring the swift hand of justice down on these criminal … [Read more...] about Authorities Bust Illegal Alien Stash Houses In Wealthy DC Neighborhood: REPORT