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Published on 11/19/2008 in the Prospect News Special Situations Daily.

Southpoint Capital reports stake in Broadridge Financial of 5.27%

By E. Janene Geiss

Philadelphia, Nov. 19 - Southpoint Capital Advisors LP reported an equity investment of 5.27% in Broadridge Financial Solutions, Inc. as of Nov. 5, according to an SC 13G filing with the Securities and Exchange Commission.

That represents a passive stake of 7,457,654 shares.

Broadridge Financial, based in Lake Success, N.Y., provides technology-based outsourcing services to the financial services industry.


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