Categories
Articles

Leucadia Ups AmeriCredit Stake to 20.7%

In a SEC filing moments ago, Leucadia (LUK) announced it had purchased an additional 1.4 million shares of AmeriCredit (ACF) on Feb. 6th at $11.08 a share.

From the Filing:
” As of the close of business on February 6, 2008, the Reporting Persons may be deemed to beneficially own collectively an aggregate of 23,587,776 shares of Common Stock, representing approximately 20.7% of the shares of Common Stock presently outstanding. All percentages in this Item 5 are based on 114,162,314 shares of Common Stock outstanding as of October 31, 2007, as set forth in the Company’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2007.”

Disclosure (“none” means no position): None

Todd Sullivan's- ValuePlays

↑ Grab this Headline Animator

Visit the ValuePlays Bookstore for Great Investing Books