Lehman Brothers Holdings decreases ownership of Gulfmark Offshore

By Lisa Kerner

Charlotte, N.C., July 10 - A group of Gulfmark Offshore, Inc. investors led by Lehman Brothers Holdings Inc. said it does not have control of the company and has no plans to change or influence control, it was reported in a schedule 13D filing with the Securities and Exchange Commission.

The investors sold 351,500 shares of Gulfmark between June 30 and July 9 priced from $51.80 to $58.18 each, the filing stated.

Lehman Brothers beneficially owns 1,826,753 shares, or 7.3%, of Gulfmark, a Houston-based provider of marine transportation services to the energy industry.

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