Third Avenue Files 13D/A in Bronco Drilling - Todd Sullivan

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Third Avenue Files 13D/A in Bronco Drilling
Aug 07, 2008 01:00 AM UTC

Todd Sullivan

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Symbol	Sentiment	Start	Return	Closed
TAM	n/a
ALY	n/a
BRNC	n/a

Via Todd Sullivan's ValuePlays:

Marty Whitman and Third Avenue Management (TAM) have filed a 13D/A in Bronco Drilling (BRNC) opposing the Merger with Allis-Chalmers (ALY).

From the letter:

Third Avenue Management LLC (â€œTAMâ€), on behalf of its investment advisory clients, currently owns more than 6.1 million common shares of Bronco Drilling Company (â€œBroncoâ€), representing approximately 23.28% of Broncoâ€™s outstanding common stock. This letter reiterates the position we conveyed to you in our April 8, 2008, letter (the...

Continued at Todd Sullivan's ValuePlays

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