## China's HNA drops bid to buy Scaramucci's SkyBridge on regulatory pushback

<center>https://s4.reutersmedia.net/resources/r/?m=02&d=20180501&t=2&i=1257208481&w=1200&r=LYNXMPEE3T18T</center>

<center>**Click here to read source article from [Reuters](https://www.reuters.com/article/us-skybridge-capital-m-a-hna-group-co/chinas-hna-drops-bid-to-buy-scaramuccis-skybridge-on-regulatory-pushback-idUSKBN1I125J)**</center>

### Summary
Chinese conglomerate HNA Group's bid to buy a majority stake in SkyBridge Capital, a hedge fund investment firm founded by U.S. President Donald Trump's former aide Anthony Scaramucci, has been called off after facing regulatory resistance.

### My Thoughts
Does anyone else feel like these articles are just rehashed/recycled material that gets printed over and over again?

### Quote of the Day
>Risk comes from not knowing what you are doing.

-Warren Buffet

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