Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Strategic Hotels & Resorts Inc. > News item |
Strategic Hotels investor Security Capital Research sells more shares
By Lisa Kerner
Charlotte, N.C., June 22 - A group of Strategic Hotels & Resorts, Inc. investors led by Security Capital Research & Management Inc. sold 2,872,000 shares of the company's stock between June 17 and June 19 priced at an average of $1.13 to $1.165 per share, according to a schedule 13D/A filed on Monday with the Securities and Exchange Commission.
Between May 29 and June 16, the investors sold 1,667,678 shares and for an 11.5% stake, a prior SEC filing said.
Security Capital and its affiliates beneficially own 5,757,200 shares, or 7.75%, of the Chicago-based real estate investment trust.
© 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.