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Re: None

Monday, 08/24/2009 5:45:58 PM

Monday, August 24, 2009 5:45:58 PM

Post# of 444
Ramius sold into the rally. They were long time shareholders in well above current levels. They were activist shareholders w/ Moon.

http://sec.gov/Archives/edgar/data/1050154/000092189509002343/sc13da1406297047_08202009.htm

Curious timing on the disposition. Ramius has had some issues, looks like their AUM dropped about 50%, but that still means they had over $7bb in AUM. Maybe they just got tired of the fight, since they have been in it over 3 years.

I just find it interesting that Ramius and Moon, both large institiutional hedge fund managers with an activist bent do not manage their investment better. As michael t pointed out, the company didn't put out in their earnings releases, something as simple as an EPS number.
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