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Mudrick Converts Verso Stake Into Activist Position

Mudrick Capital, which specializes in distressed credit, more than doubled its stake in the paper maker in April.

Jason Mudrick, Mudrick Capital Management LP (Photo Credit: Michael Nagle/Bloomberg). Mudrick Capital Management has gone activist on a previously passive holding. The hedge fund firm, founded by chief investment officer Jason Mudrick, changed on Tuesday the type of regulatory filing it makes for its stake in paper producer Verso Corp. to

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