Boaz Weinstein, Bill Ackman, and Marc Lasry jointly bid for the hedge fund Sculptor Capital - but the proposal could get rejected

• Boaz Weinstein, Bill Ackman, and Marc Lasry have submitted a joint offer for Sculptor Capital, the WSJ reported.
• The billionaire investors have made the bid at over $12 per share, according to the report.
• But it could get rejected - after Sculptor suggested the latest proposal it received has fallen short of expectations.

Boaz Weinstein, Bill Ackman and Marc Lasry have joined forces to make an offer to buy New York-based alternative asset manager Sculptor Capital - but the bid could get rejected.