Blum Capital Raises Stake in Macrovision (MVSN) to 5.5%
In a 13D filing after the close on Macrovision Corp. (Nasdaq: MVSN), Blum Capital disclosed a 5.5% (2.82 million share) stake in the company. This up from the 2.48 million share stake the investment disclosed in an quarterly 13F filing. The firm said the position is for investment purposes.
From the 'Purpose of Transaction' section of the filing:
"The Reporting Persons may engage in communications with one or more shareholders of the Issuer, oneor more officers of the Issuer and/or one or more members of the board of directors of the Issuer and/or one or more representatives of the Issuer regarding the Issuer, including but not limited to its operations. The Reporting Persons may discuss ideas that, if effected may result in any of the following: the acquisition by persons of additional Common Stock of the Issuer, an extraordinary corporate transaction involving the Issuer, and/or changes in the board of directors or management of the Issuer."