Hedge fund Greywolf Capital opposes the company's planned acquisition by Sprint Nextel (ticker: S) and won't tender its shares. IPCS, which has the exclusive right to market and sell Sprint Nextel service in 80 Midwestern markets, said on Oct. 19 that it had agreed to be bought by Sprint Nextel for $24 a share in cash and the assumption of $405 million in debt.

Gamco Investors (GBL) now owns 1,019,853 shares (almost 5.9%), for which it paid a little more than $12.2 million, or $12 a share. In late September, Covidien (COV) agreed to buy Aspect Medical for $12 a share in cash.

Steel Partners boosted its holdings to 15,396,138 shares (12.8%), by buying 2,235,469 from Oct. 12 to Oct. 23 at prices ranging from $3.22 to $3.25.

Josiah T. Austin increased his stake to 8,169,801 shares (24.04%), by purchasing 594,000 from Aug. 31 through Oct. 23 at $3.12 each. Austin is a cattle rancher and private investor.

Cascade Investment and The Bill and Melinda Gates Foundation Trust each purchased 1,723,700 global depositary shares on Oct. 26 and Oct. 27 at prices ranging from $20.03 to $20.90. Each global depositary share is traded on the New York Stock Exchange and equals 25 Series A shares, 22 Series B shares, 35 Series D shares and 35 Series L shares of Grupo Televisa, a Mexican media company. Cascade, the private investment vehicle of Microsoft (MSFT) Chairman Bill Gates, has 3,048,012,500 A shares (2.7%), 2,682,251,000 B shares (5.1%), 4,267,217,500 D shares (5.1%) and 4,267,217,500 L shares (5.1%). The Gates foundation now owns 1,518,425,000 A Shares (1.4%), 1,336,214,000 B Shares (2.6%), 2,125,795,000 D Shares (2.6%) and 2,125,795,000 L Shares (2.6%).

KSA Capital Management increased its position to 3,676,590 shares (6.24%), by purchasing 686,809 from Oct. 1 through Oct. 21 at $1.86 to $2.34 a share.

Farallon Capital trimmed its holdings to 12,582,795 shares (3.9%), selling 5,993,546 from Oct. 1 through Oct. 22 at prices ranging from $3.62 to $4.11.

Tiger Global Management reduced its position to 2,540,566 shares (5%), after selling 951,362 from Oct. 14 to Oct. 19 at $30.05 to $30.28 per share.