{"id":528442,"date":"2010-04-15T08:27:59","date_gmt":"2010-04-15T12:27:59","guid":{"rendered":"http:\/\/www.businessinsider.com\/harbinger-capital-gambles-on-palm-buys-95-stake-2010-4"},"modified":"2010-04-15T08:27:59","modified_gmt":"2010-04-15T12:27:59","slug":"harbinger-capital-gambles-on-palm-buys-9-5-stake-palm","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/528442","title":{"rendered":"Harbinger Capital Gambles On Palm, Buys 9.5% Stake (PALM)"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4ab7fac92b4b173f0df87583-298-223\/philip-falcone-harbinger.jpg\" border=\"0\" alt=\"philip falcone harbinger\" width=\"298\" height=\"223\" \/><\/p>\n<p>Harbinger Capital is rolling the dice with Palm. In an <a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/1100389\/000090514810000937\/efc10-302_sc13g.htm\">SEC filing<\/a>, the hedge fund disclosed that it purchased 16 million shares, or 9.48%, of Palm.<\/p>\n<p>Harbinger is betting that Palm sells itself at a premium to its current ~$6 share price. Palm <a href=\"http:\/\/www.businessinsider.com\/henry-blodget-palm-palm-now-officially-on-the-block-2010-4\">has hired<\/a> Goldman and Frank Quattrone&#8217;s Qatalyst Group to sell the company.<\/p>\n<p><strong>BONUS:<\/strong> <a href=\"http:\/\/feedproxy.google.com\/~r\/TheMoneyGame\/~3\/who-is-going-to-buy-palm-2010-3\" >Who Is Going To Buy Palm?<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/harbinger-capital-gambles-on-palm-buys-95-stake-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/m_YiCHdSR54\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Harbinger Capital is rolling the dice with Palm. In an SEC filing, the hedge fund disclosed that it purchased 16 million shares, or 9.48%, of Palm. Harbinger is betting that Palm sells itself at a premium to its current ~$6 share price. Palm has hired Goldman and Frank Quattrone&#8217;s Qatalyst Group to sell the company. [&hellip;]<\/p>\n","protected":false},"author":504,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-528442","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/528442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/504"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=528442"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/528442\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=528442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=528442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=528442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}