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Prospect News home > News index > List of issuers M > Headlines for MI Developments Inc. > News item
Published on 1/15/2009 in the Prospect News Special Situations Daily.

MI Developments shareholder Farallon reports 7.4% stake

By Lisa Kerner

Charlotte, N.C., Jan. 15 - A group of MI Developments Inc. shareholders led by Farallon Partners, LLC sold 252,400 shares of the company's stock on Jan. 12 for $7.48 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.

Farallon beneficially owns 3,413,787 shares, or 7.4%, of the Aurora, Ont., real estate development company.


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