Batista's $1 Billion Put Propels OGX to Record Gain: Rio Mover

... "The company exercised the option, but does Batista have the money?" said Michael Wang , an analyst at IHS Herold in Norwalk, Connecticut . "What if the guy doesn't have $1 billion? That's a problem." Batista's holding company, EBX Group, didn't ...



via Norwalk Newswire http://www.bloomberg.com/news/2013-09-06/batista-s-ogx-exercises-1-billion-put-shares-surge.html