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Perry suffers losses, lays off 20% of its staff

October 17, 2008  

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The merger market is a mess and so is business these days for Perry Capital. The merger arbitrage specialist is experiencing its first loss in nearly two decades and this week laid off 20 to 30 staff members – about 20% of its workforce – according to an individual close to the firm.

Perry Partners International, the firm’s...

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