The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     

Icahn Files 13D/A in Guaranty Financial Group

 Jul 22, 2008 02:06 AM UTC
Return Risk
-14.04% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
GFG n/a

Graphic_arrow1 Via Todd Sullivan's ValuePlays:  

Icahn files this with the SEC today in Guaranty Financial (GFG)

Item 4 of the Initial 13D is hereby amended by adding the following:

On July 21, 2008, the transactions contemplated by the Investment Agreement
and the Purchase Agreement closed. At the closing, the Reporting Persons
received, in exchange for aggregate consideration of $230,000,011 in cash,
1,469,830 shares of Series B Preferred Stock and $175 million in principal
amount of Subordinated Notes. ...



Continued at Todd Sullivan's ValuePlays




 Graphic_website1 Read the rest of original post »



Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch