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Tag Archives: Melvin Capital Management

US – Melvin Capital Management buys up shares in Wynn

Melvin Capital Management, a New York-based hedge fund, has bought a 5.13 per cent share in Wynn Resorts but will only take a passive role in the business. Melvin Capital said in a filing with the Securities and Exchange Commission that it has it increased its ownership of Wynn, up from 0.5 per cent at…