E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/11/2008 in the Prospect News Special Situations Daily.

Media General shareholder Harbinger sells shares, reduces ownership interest to 4.03%

By Lisa Kerner

Charlotte, N.C., Dec. 11 - Investors led by Harbinger Capital Partners Master Fund I, Ltd. sold 635,757 shares of Media General, Inc. on Dec. 9 and Dec. 10 at prices from $1.65 to $1.843 each.

The transactions were reported in a schedule 13D/A filed with the Securities and Exchange Commission.

Harbinger reported the sale of 288,107 shares of Media General on Nov. 26 and Dec. 4 priced from $1.60 to $1.76 each in a prior SEC filing.

The investors beneficially own 895,371 shares, or 4.03%, of the Richmond, Va., communications company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.