Shamrock cuts stake in Elizabeth Arden to 5.9%

By Jennifer Chiou

New York, Jan. 29 - A group of Elizabeth Arden, Inc. investors led by Shamrock Activist Value Fund, LP cut its stake in the company to 1,700,124 shares, or 5.9%, from about 2 million shares, or 7.02%, of the Miramar, Fla.-based beauty products company.

The investors sold shares in various transactions between Jan. 16 and Jan. 28 at prices ranging from $5.4289 to $7.8346, according to a schedule 13D/A filed with the Securities and Exchange Commission.

© 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.