Investor set to bag windfall from Elon Musk’s Twitter deal — but house ravaged by Hurricane Ian

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A Florida hedge-fund capitalist is poised to container a luck from a shrewd stake connected Elon Musk’s takeover conflict with Twitter — adjacent arsenic helium picks up the pieces of his location which got devastated by Hurricane Ian, sources told The Post.

Matt Halbower, main enforcement of the $1.3 cardinal merger money Pentwater Capital Management, made a bold determination aft Musk threatened to interruption his woody to bargain Twitter for $44 cardinal a share. Pentwater paid $725 cardinal to get 18 cardinal Twitter shares successful the 2nd quarter, astatine a outgo ground of astir $40 a share, according to nationalist filings.

If Musk and Twitter wrap up colony talks and adjacent the woody astatine $54.20 per share, Pentwater stands to marque astir $250 cardinal — a 35% nett — connected its Twitter shares implicit little than six months. However, Pentwater besides bought Twitter enactment options that helped to screen its presumption and possibly chopped the gains by half, a root with cognition of the firm’s vulnerability said.

Meanwhile, however, Halbower successful 2019 moved Pentwater’s office from the Chicago suburb of Evanston, Ill. to Naples, wherever helium owned a $14 cardinal mansion, sources said. Hurricane Ian astir destroyed Halbower’s lavish estate, a root acquainted with the concern said. Halbower, whose household is safe, is present successful Naples trying to repair the damage, according to the source.

Pentwater Capital Management Founder and CEO Matt Halbower.Pentwater Capital Management Founder and CEO Matt Halbower made a bold stake connected Twitter. CNBC
Hurricane IanHurricane Ian ravaged Florida past week. SWFL WEBCAMS

Halbower, who declined to comment, isn’t the lone capitalist who is poised for a windfall arsenic Musk nears his statement to bargain Twitter. Corporate raider Carl Icahn is poised for a nett of arsenic overmuch arsenic $250 cardinal aft plowing much than $500 cardinal into Twitter’s shares during the Musk negotiations, according to the Wall Street Journal.

Hedge funds D.E. Shaw and Daniel Loeb’s Third Point are besides positioned for large gains, the insubstantial reported, citing unnamed sources.

Halbower said successful a July 20 CNBC interrogation helium believed Twitter would beryllium capable to unit Musk to adjacent his merger statement astatine adjacent the agreed upon $54.20 per stock based connected his skepticism of Musk’s statement that Twitter had misrepresented the fig of automated bots operating fake accounts connected its site.

TwitterElon Musk said Tuesday that helium wanted to spell guardant with his woody for Twitter. AFP via Getty Images

“I’ve been doing this astir 25 years and successful my vocation I’ve ne'er seen anyone motion a merger statement and past virtually 2 weeks aboriginal effort to manufacture an contented they were good alert of earlier they signed the merger statement successful an effort to evade their obligations,” Halblower said.

Halblower’s Twitter windfall was earlier reported by CNBC.