Bill Ackman, Boaz Weinstein make rival $12/share offer for Sculptor Capital – WSJ

2016 DealBook Conference

2016 DealBook Conference

Bryan Bedder

Update 8:25pm: Adds Sculptor comment, rejection of latest offer.

A group of hedge fund investors led by Boaz Weinstein have made a rival offer to buy hedge fund Sculptor Capital Management for $12/share, topping a deal inked last month for $11.15 a share.

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