Date updated:03-31-2007
Each week Barrons has a 13D Filings column. 13Ds are filed when a fund (usually an activist hedge fund) accumulates more than 5% of a firm and is planning on pushing for change (e.g.a sale of the company, sale of certain assets, a share buyback, or a share dividend) to unlock value.

-
BSG
Bsg - $0.00
- N/A
- $N/A
Bisys Group (BSG) Investor Ahmet Okumus has asked to join the company's board of directors. "I strongly feel that my experience in identifying undervalued assets, along with my knowledge of financial engineering and capital allocation, can make an immediate positive impact to the board during this critical period," Okumus said. Okumus is president and portfolio manager of Okumus Capital, which holds about 12.6 million shares (10.41% of the total outstanding).

-
MEH
N/a - $16.99
- 0.00
- $16.99
Midwest Air Group (MEH) Octavian Master Fund believes that a buyout offer from AirTran Holdings (AAI) doesn't reflect the full value of Midwest. Octavian CEO Richard Hurowitz said that if AirTran were to materially increase its offer for Midwest to a level more reflective of the company's value, he would strongly encourage the Midwest board to immediately start negotiating toward a deal. Hurowitz believes that a merger with AirTran "makes enormous strategic sense." Midwest's CEO and board have urged shareholders to reject AirTran's $13.25 a share offer. Octavian Master Fund holds $1,202,000 shares (5%).

-
RIV
Riviera Hldgs Cp - $4.79
- +18.27%
- $4.10
Riviera Holdings (RIV) An investment group including shareholder Paul C. Kanavos offered to buy out Riviera Holdings for $27 a share in cash, under certain conditions. The investment group asked that the board waive provisions that restrict voting rights of shareholders with a 10% stake or more of RIV's common stock. It also asked for the board to amend its bylaws so that control-share acquisition and business-combination provisions of the Nevada corporate statute don't apply to further acquisitions of Riviera stock by the group. The investment group currently holds 836,588 shares (6.71%).

-
YANB
Yanb - $0.00
- N/A
- $N/A
Yardville National Bancorp (YANB) A group including Yardville National dissident shareholder Lawrence Seidman sent the company a letter nominating three directors for election to YANB's board at the 2007 annual meeting. The investor group said it's nominating Patrick A. Robinson, Neal Axelrod and Dennis Pollack for election to the board for the terms expiring in 2010. The Seidman group currently holds 994,164 shares (about 9%).

-
PHH
Phh Corp - $11.60
- +3.02%
- $11.19
PHH (PHH) Pennant Capital Management said it opposes the pending acquisition of PHH by General Electric's (GE) Capital Solutions unit. Pennant doesn't believe the $31.50-a-share merger consideration adequately values PHH and it doesn't think the merger is in the best interest of PHH shareholders. Pennant holds 2,689,800 shares (5%).

-
GENR
Genaera Corporati - $0.3701
- -5.10%
- $0.32
Genaera (GENR) Xmark Opportunity Partners believes the company should focus its resources on the development of its MSI-1436 product candidate, which has "great promise as an anti-obesity compound." Xmark said that as long as management continues to exercise fiscal responsibility, it believes GENR's present cash position should be sufficient to allow it to "achieve a much higher valuation." Xmark Opportunity presently holds 10,166,776 shares (9.7%).

-
GHCI
Ghci - $0.00
- N/A
- $N/A
Genesis Healthcare (GHCI) Northbrook GH opposes the proposed acquisition of Genesis Healthcare by a private-equity group. Northbrook said that the proposed purchase price of $63 a share is significantly lower than the company's long-term value, and that the merger isn't in the best interests of Genesis shareholders. The shareholder said it intends to vote against the merger at the upcoming shareholders' meeting on April 19, and added that it would prefer to see the company continue to operate as a public company with a significant share-repurchase program than be sold at a "bargain price." Northbrook GH currently holds 1,011,683 shares (5.1%).

-
JOYG
Joy Global Inc. - $27.21
- +6.08%
- $26.30
Joy Global (JOYG) Atlantic Investment Management raised its holdings to 5,700,000 shares (5.2%), after buying 2,219,700 from Jan. 26 to March 21 at $40.87 to $45.79 apiece.
- Top Professional Portfolios
- 1. Charlie Munger
- 2. Bernard L. Madoff Inve...
- 3. Renaissance Technologies
- 4. Templeton World A (TEMWX)
- 5. Fidelity Select Consum...
- show all
- Top Do-It-Yourself Portfolios
- » Joy
- » tsamanuli Portfolio 1
- » brueckenc Portfolio 1
- » HMH1
- » Fundsonly Portfolio 1
- show all
- Most Viewed Portfolios
- » Warren Buffett
- » 10 Short Squeezes
- » George Soros
- » T. Boone Pickens - BP Cap...
- » Carl Icahn
- show all
Investors were spooked on Wednesday as bleak broad-based corporate outlooks and dismal employment data dominated headlines. Stocks experienced their largest drop in more t...
At Stockpickr.com, we strive to keep track of insider purchasing and buybacks each week. Here's the perfect setup in my mind: insiders buying the stock, the company buying ...
The traders of CNBC’s "Fast Money" think the current stock market is a traders' market. In order to play a traders' market, you have to nimble. You also have to know whic...
Pfizer (PFE) CEO Jeff Kindler has hinted that the world’s biggest drugmaker is open to a large-scale acquisition. “The real goal is to grow revenues," he told the Fina...
A. small trading before thrusday
Here are the latest Activist or "13D" situations from the StreetInsider.com 13D Tracker page found at: http://www.13dtracker.blogspot.com/.... more
Here are some of the largest % gainers from Jan. 7, 2009. more
Here is the stock list of some of the largest % losers from Jan. 7, 2009. more








Comments not available