Zwirn may transfer control of assets

Fri Apr 3, 2009

Daniel Zwirn, founder of the troubled D.B. Zwirn & Co., may cede control of a substantial portion of his firm’s $2.5 billion in assets, according to the Wall Street Journal.

Four firms are reportedly vying to take over a substantial portion of the firm’s remaining assets in a deal that could close next week, the Journal reported....

ISSN: 2151-1845 / CDC10004H

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