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Published on 5/20/2009 in the Prospect News Special Situations Daily.

Steel Partners sells more than 1.58 million shares of EarthLink

By Lisa Kerner

Charlotte, N.C., May 20 - EarthLink, Inc. investors led by Steel Partners II, LP sold 1,583,099 shares of the company's common stock between April 28 and May 19 priced from $7.49 to $7.70 each, according to a schedule 13D/A filed on Wednesday with the Securities and Exchange Commission.

Steel Partners beneficially owns 8,338,156 shares, or 7.9%, of the Atlanta-based internet service provider.


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