Sentences with phrase «multi-billion dollar bet»

In 2015, Ackman, the founder of hedge fund Pershing Square, announced his multi-billion dollar bet on Valeant Pharmaceuticals (vrx); he proceeded to lose nearly his entire investment, or $ 7.7 million every day for about two years, as Valeant stock sank 95 %.

Not exact matches

The merged entity is called IGT, a multi-billion dollar NYSE - traded company, that operates and provides a range of services and technology products across lotteries, machine gaming, sports betting, and interactive gaming markets in North America, Asia and Europe.

On December 24, 2016, Dechert secured a victory for MOL Hungarian Oil & Gas Plc in what Dechert describes as «a bet - the - company, multi-billion dollar arbitration.»