Blackrock Investment Management and Marshall Wace were set to benefit significantly from holding their respective 1.8% and 0.8% short positions on TalkTalk, wrote Harry Wilson in The Times. The However, the two firms have since announced that they will be pulling out of the deal, which was valued at £2.3bn.
Blackrock Investment Management and Marshall Wace were set to benefit significantly from holding their respective 1.8% and 0.8% short positions on TalkTalk, wrote Harry Wilson in The Times. However, the two firms have since announced that they will be pulling out of the deal, which was valued at £2.3bn.