{"id":4260,"date":"2006-04-12T00:00:00","date_gmt":"2006-04-12T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"ny-hedge-fund-reduces-algoma-holdings","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/04\/2006\/ny-hedge-fund-reduces-algoma-holdings.html","title":{"rendered":"NY hedge fund reduces Algoma holdings"},"content":{"rendered":"<p>The New York-based hedge fund that pushed Algoma Steel Inc. (TSX: <a href=\"http:\/\/www.financials.com\/custom\/torontostar\/co_search.cfm?term=AGA&amp;type=tick\">AGA<\/a>) to make a large cash payment toits shareholders has decreased its holdings in the company from about 19 per cent to five per cent.<\/p>\n<p>  &nbsp;<\/p>\n<p>Paulson &amp; Co. disclosed in regulatory filings this week that, as of March 31, it held 1,926,600 Algoma shares, or about five per cent of the Sault Ste. Marie-based steelmaker.<\/p>\n<p>  &nbsp;<\/p>\n<p>  That&#8217;s down from about 19 per cent in its last disclosure at the beginning of November.<\/p>\n<p>  <a href=  \"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/2-0&amp;fd=R&amp;url=http:\/\/www.thestar.com\/NASApp\/cs\/ContentServer%3Fpagename%3Dthestar\/Layout\/Article_Type1%26c%3DArticle%26pubid%3D968163964505%26cid%3D1144793428026%26col%3D968705923364%26call_page%3DTS_Business%26call_pageid%3D968350072197%26call_pagepath%3DBusiness\/News&amp;cid=1105751783&amp;ei=6PQ8RObHGI3MpwL00ZG8Dg\">  <strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The New York-based hedge fund that pushed Algoma Steel Inc. (TSX: AGA) to make a large cash payment toits shareholders has decreased its holdings in the company from about 19 per cent to five per cent. &nbsp; Paulson &amp; Co. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4260","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=4260"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4260\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}