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Exclusive: Baupost expected to make quick profit in Westinghouse - Honolulu, Hawaii news, sports & weather - KITV Channel 4

Exclusive: Baupost expected to make quick profit in Westinghouse bankruptcy- sources

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. - (Reuters) - Hedge funds led by the Baupost Group LLC are poised to score a $170 million profit in less than three months from a bet tied to Toshiba Corp's bankrupt nuclear unit Westinghouse Electric Corp, according to three people familiar with the matter.



original story: http://feeds.reuters.com/~r/reuters/businessNews/~3/4JFw9HuxlsY/exclusive-baupost-expected-to-make-quick-profit-in-westinghouse-bankruptcy-sources-idUSKBN1E00H1