Atlas Air shareholder sells 222,900 shares, drops ownership to 14.5%

By Lisa Kerner

Charlotte, N.C., Sept. 4 - Investors led by HMC Atlas Air, LLC and Harbinger Capital Partners Special Situations Fund, LP sold 222,900 shares of Atlas Air Worldwide Holdings, Inc. between Aug. 13 and Sept. 4 priced from $23.48 to $28.11, according to a schedule 13D/A filed with the Securities and Exchange Commission on Friday.

The investors beneficially own 3,051,229 shares, or 14.5%, of the Purchase, N.Y.-based provider of air cargo and related services.

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