Griffin's Citadel plans to redeem $500 mln from Melvin Capital - WSJ - NewsBreak

Aug 21 (Reuters) - Kenneth Griffin's Citadel LLC and Citadel partners are planning to redeem about $500 million of the $2 billion they invested in Melvin Capital, the Wall Street Journal reported here on Saturday, citing people familiar with the matter. Together with Steven A. Cohen's Point72 Asset Management, Griffin's...