Hedge Funds Poised to Be Winners in AT&T-Time Warner Deal

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AT&T Inc.’s victory in its authorized battle to purchase Time Warner Inc. handed a win to a few of Wall Street’s greatest hedge funds, who had wager the deal would undergo.

The deal has attracted curiosity from large corporations. Hedge funds reminiscent of Highfields Capital, Baupost Group, Sachem Head Capital Management, Paulson & Co., Fir Tree, Oz Management and Pentwater Capital Management all reported holding Time Warner shares in current regulatory filings.

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