Comments for XSONF.PK - Stockpickr! Your Source for Stock Ideas

Comments for XSONF.PK

Added By	Comments	Type	Date Added
Barrons	Claxson Interactive Group (XSONF) Black Horse Capital Management boosted its stake to 2,036,121 shares (9.4%) by buying 224,901 from April 18 to May 18 at prices that ranged from $12 to $12.75. In the past, Black Horse has said that a proposed buyout offer by Claxson's controlling shareholders is "entirely inadequate," and it urged the company's board to reject the bid. A special committee of independent directors was formed to evaluate the proposal.	Love	May 26, 2007
Barrons	Claxson Interactive Group (XSONF) Black Horse Capital Management said that the proposed $10.50 cash buyout offer by the company's controlling shareholders is "entirely inadequate," and implored the board to reject it. Black Horse Capital added that Claxson's net-cash position alone would likely exceed the $10.50-per-share offer and that the proposed transaction doesn't compensate minority holders for Claxson's remaining valuable assets. Black Horse Capital holds about 1.8 million Class A shares (8.4% of the total outstanding).	Love	April 21, 2007