Solvay: two DME funds hold more than 3.1% of the capital
According to a financial notice sent by Solvay, DME Advisors and DME Capital passed the 3% mark last month, then strengthened their positions in February to post a 3.12% stake today.
DME Advisors and DME Capital Management, two Delaware-based funds, are controlled by David Einhorn, a well-known hedge fund manager and founder of Greenlight Capital, who made a name for himself by taking short positions on Lehman Brothers before its resounding bankruptcy in 2008.
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