Hedge fund Hayman Capital has taken a stake in General Motors Co and believes the U.S. automaker's stock is poised to rise more than 40 percent over the next 12-18 months after the U.S.
J. Kyle Bass
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Glenview Capital Management LLC had joined Hayman Capital Management LP in raising its stake in retailer JC Penney even after the departure of Bill Ackman last month.
Last Tuesday, Hayman Capital's accumulated stake of 5.2% in struggling retailer JC Penney was disclosed in a US Securities and Exchange regulatory filing.
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