SCU - Sculptor Capital jumps 11% after Dan Och says company has M&A interest
- Sculptor Capital Management ( NYSE: SCU ) soared 11% a fter co-founder and hedge fund giant Dan Och said that the company has received M&A interest.
- Och said that he and other founding partners have been contacted by several third parties who have asked if the company may be open to a strategic transaction, according to a Tuesday letter Och sent to Sculptor's board.
- Developing story ...
For further details see:
Sculptor Capital jumps 11% after Dan Och says company has M&A interest