{"id":4798,"date":"2006-07-31T00:00:00","date_gmt":"2006-07-31T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"gner-could-get-bid-from-us-hedge-fund-report-forbes","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/07\/2006\/gner-could-get-bid-from-us-hedge-fund-report-forbes.html","title":{"rendered":"GNER could get bid from US hedge fund &#8211; report &#8211;"},"content":{"rendered":"<p>  <span class=\"mainarttxt\">Forbes &#8211; US hedge fund Citadel Investment Group is planning an opportunistic bid for UK rail operator GNER, hoping to acquire the group cheaply because of debt problems at  its Bermuda-based owner, Sea Containers, the Sunday Express reported without citing sources.<\/span><\/p>\n<p>  <span class=\"mainarttxt\">Citadel declined to comment, the paper said, while Sea Containers said talk of a sale of GNER was &#8216;speculative&#8217;.<\/span><\/p>\n<p>  <span class=\"mainarttxt\">Sea Containers defaulted on the terms of some of its bonds last month, and in March breached several lending agreements with its bankers. GNER last week also suffered a  setback when it lost a legal battle to prevent another train operator from setting up a rival service on the UK east coast.<\/span><\/p>\n<p>  <a href=\"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/0-0&amp;fd=R&amp;url=http:\/\/www.forbes.com\/markets\/feeds\/afx\/2006\/07\/30\/afx2913851.html&amp;cid=1108374169&amp;ei=obLNRJHfIYeSogLm8_2SAg\">Read  Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes &#8211; US hedge fund Citadel Investment Group is planning an opportunistic bid for UK rail operator GNER, hoping to acquire the group cheaply because of debt problems at its Bermuda-based owner, Sea Containers, the Sunday Express reported without citing [&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-4798","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4798","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=4798"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4798\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}