We’ve bought 4% of Pushpay, hedge fund adviser says
Arbitrage funds are trying to gauge shareholder sentiment on a buyout scheme.
Pushpay processes online donations for US churches and offers software for their management.
A hedge fund adviser says it has bought about 4% of Pushpay on behalf of global clients after the NZX-listed fintech announced a buyout deal valuing the company at $1.54 billion.
Dan McQualter of United First Partners , a special situations and advisory group, told NBR the situation was “delicately
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