"Michael Burry" (born 1971) is an American hedge fund manager and physician. He is the founder of the Scion Capital LLC hedge fund, which he ran from 2000 until 2008, when he closed the fund to focus on his own personal investments. Burry was one of the first investors in the world to recognize and invest in the impending subprime mortgage crisis. Author Michael Lewis (author)/Michael Lewis profiled him in his 2010 book The Big Short: Inside the Doomsday Machine, and he was featured in Gregory Zuckerman's 2009 book The Greatest Trade Ever: How John Paulson Bet Against The Markets and Made $20 Billion. Kip Oberting, of KVO Capital Management, has described Burry as "a risk-avoider".

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The transaction is fundamentally unfair and undervalued.

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We are pleased that the court has ordered that, if the 5,186,000 shares acquired by Gold Fields are material to tomorrow's vote, the transaction may not proceed until the court has considered whether Gold Fields violated the take-over bid rules.

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