(Reuters) - Boaz Weinstein's coalition has sweetened its offer for hedge fund firm Sculptor Capital Management (NYSE:SCU), the Wall Street Journal reported on Monday, citing people familiar with the matter.
Over the weekend, Weinstein's group presented a bid of around $13 a share, up from its previous $12.76 per share offer, the report said.
Wall Street investor Weinstein and his group of bidders have been caught in a bidding war as Sculptor sticks to a deal with asset manager Rithm Capital that was made in August.