Scailex investors led by Tao Tsuot increase stake in company to 13%

By Lisa Kerner

Charlotte, N.C., March 5 - Scailex Corp. Ltd. shareholders led by Tao Tsuot Ltd. purchased 1,171,962 ordinary shares of the company's stock from Nov. 9 through Feb. 28, according to a schedule 13D filing with the Securities and Exchange Commission.

The shares were priced from $6.91 to $9.15.

Tao Tsuot beneficially owns 4,977,946 ordinary shares, or 13%, of the Israel-based digital systems development company. Tao Tsuot bought the shares for investment purposes, the filing stated.

© 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.