REFILE-Severn Trent deal blow hits "merger arb" funds
June 14, 2013 at 04:15 AM EDT
LONDON, June 12 (Reuters) - Hedge funds that bet Severn Trent would agree to a Canadian-led takeover are reeling from losses after the water company refused to talk, casting further doubt on their money-making abilities in an anaemic M&A environment.
