| Farallon Reduces CapitalSource Stake, Clarifies Corporate Succession |
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| Tuesday, 03 November 2009 10:20 |
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Market Folly submits:
Due to activity on October 14th, 2009, Thomas Steyer's hedge fund Farallon Capital Management filed an amended 13D on Capitalsource (CSE). Farallon is now showing a 3.9% ownership stake in the company with 12,582,795 shares, which is a decrease from its previous holdings. (As we covered in Farallon's previous filings with the SEC, the fund has been selling CSE shares). Back in late September Farallon owned a 5.7% ownership stake and obviously has since reduced its holdings down to its current 3.9% stake by selling 5,993,546 shares over the past month or so. You can view the rest of Farallon's holdings here, but keep in mind that the hedge fund is set to update its disclosures here in the next few weeks with a new 13F filing. Complete Story »
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