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Hedge funds are ready to be winners in AT & T-Time Warner Deal



The victory of AT & T Inc. in its legal battle to buy Time Warner Inc. gave a victory to some of the largest hedge funds on Wall Street, who had bet that the deal would take place.

The agreement has aroused the interest of large firms. Hedge funds such as Highfields Capital, Baupost Group, Sachem Head Capital Management, Paulson & Co., Fir Tree, Oz Management and Pentwater Capital Management reported that they had Time Warner shares in recent regulatory submissions.

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