|
|
Article: WALL STREET PROBE WIDENS INTO TAKEOVER ACTIONS.(Main)
- Article from:
- Albany Times Union (Albany, NY)
- Article date:
- December 10, 1986
CopyrightCOPYRIGHT 1986 Albany Times Union. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Peter Behr and David A. Vise
The government investigation of Wall Street speculator Ivan F. Boesky is ranging beyond insider trading to focus on a wide range of corporate takeover activities, including possible illegal collaboration by groups of investors in takeover bids, according to sources familiar with the probe.
The broader investigation could lead to action against stock speculators known as arbitrageurs and other investors who might not be in jeopardy under federal insider-trading sanctions, sources said.
Investigators are examining whether wealthy investors acted together to buy significant stakes in companies before disclosing ...