Deals
Smurfit in Good Position to Be Bought, Schoenfeld Says
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Smurfit-Stone Container Corp. is in a good position to be taken over after emerging from bankruptcy, said Peter Schoenfeld, whose P. Schoenfeld Asset Management LLP is an investor in the company.
If “strategic or financial” companies want to take over Chicago-based Smurfit-Stone, “there’s an easy template for them to succeed,” Schoenfeld said today at the Bloomberg Hedge Funds conference in New York.