GuruFocus Deals and strategy
MASON CAPITAL MANAGEMENT LLC Buys JELD-WEN Holding Inc (JELD) -- Shares Look 70% Undervalued on GF Value
Mason Capital Management LLC significantly increased its stake in JELD-WEN Holding Inc (JELD) by purchasing over 4 million shares, bringing its total holdings to 4.79 million shares. This move, which reflects a high-conviction strategy by the concentrated hedge fund, occurred despite JELD-WEN's poor financial health, negative growth, and a "Possible Value Trap" classification from GuruFocus. The investment is …