Corvex Hits a Bump on Its Comeback Trail

August 26, 2016   Stephen Taub

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After a terrible first half, the hedge fund firm’s seemingly successful rebound strategy slammed into a rock: Signet Jewelers.

Keith Meister’s Corvex Management suffered a big setback on Thursday in its desperate bid to get back to even after a horrendous six-month rout. Signet Jewelers, a favorite of hedge funds including Corvex, plummeted about 14 percent or so on …

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