Header

In the News

14 Sept 2010 | Bloomberg Businessweek

Lionel Melka comments on the Airgas-Air Products deal

Airgas’s McCausland Spurns $506 Million Payday in Proxy Battle

“It’s now a referendum about McCausland, which is dangerous because he is the soul of this company,” Lionel Melka, an arbitrage investor who manages Bernheim Dreyfus & Co.’s Diva Synergy fund, including Airgas shares, said from Paris. “If I were Airgas, I would negotiate a friendly deal.”

08 Sept 2010 | Bloomberg Businessweek

Lionel Melka comments on the Sanofi-Genzyme deal

Sanofi’s CEO Pitches Genzyme Investors on Takeover

Genzyme investors had been seeking at least $80 a share, based on potential revenue growth after production deficiencies responsible for drug shortages get resolved, shareholder Lionel Melka, the chief investment officer for Bernheim Dreyfus & Co., said last week. The biotechnology company rose to $71.01 in Nasdaq Stock Market trading yesterday. That was the highest closing price since July 22, the last day of trading before Sanofi’s interest was first reported.

05 Sept 2010 | Seeking Alpha

Regarding Diva Synergy’s performance

Three Hedge Funds Heat Up in August

Bernheim, based in Paris, saw its Enhanced Fund jump 2.93% in August to bring its eurodenominated share class to 16.61% on the year. The four-year-old event-driven and merger arbitrage specialist, which manages about US$100 million, credited growing corporate activity in the U.S. for its success this year.

10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 |  34 |