HCA’s stock price seesaw can’t deter funds

February 01, 2012   Jan Alexander

It’s bloated with debt and faces other hurdles, but hedge funds say it has value.

After hospital operator HCA Holdings went public at $30 a share in March 2011 in a $3.5 billion offering, hedge funds pounced — and they kept piling on throughout the following months. Eton Park Capital Management, Viking Global Investors, Valinor …

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