Tuesday, October 24, 2006

Goldman Sachs Group Continues to Trim IntercontinentalExchange (ICE) Stake

In an amended 13D filing on IntercontinentalExchange, Inc. (NYSE: ICE), The Goldman Sachs Group disclosed a 4.7% stake (2.7 million shares) in the company. This is down from the lowered 5.6% stake (3.18 million shares) the firm disclosed just yesterday.

On October 19, 2006, GS Group sold 250,000 shares of Common Stock in accordance with Rule 144(k). On October 20, 2006, GS Group sold an additional 250,000 shares of Common Stock in accordance with Rule 144(k).

Earlier today, Morgan Stanley Capital disclosed a lowered stake in IntercontinentalExchange. Both were initial partners in IntercontinentalExchange, a global marketplaces for trading both futures and OTC energy contracts. Both were also book-running managers of the company's IPO in 2005.

Sign-Up for E-Mail Alerts on ICE (Free) and 13D Filings (Premium Only)

0 Comments:

Post a Comment

<< Home