Goldman Sachs Group Cuts Its Stake in IntercontinentalExchange (ICE) to 5.6%
In an amended 13D filing after the close Friday on IntercontinentalExchange, Inc. (NYSE: ICE), The Goldman Sachs Group disclosed a 5.6% stake (3.18 million shares) in the company. This is down from the 7.5% stake (4.26 million shares) the firm disclosed in a past filing.
On October 17, 2006, GS Group sold 600,000 shares of Common Stock in accordance with Rule 144(k). On October 18, 2006, GS Group sold an additional 452,800 shares of Common Stock in accordance with Rule 144(k).
Goldman Sachs was an initial partner in IntercontinentalExchange, a global marketplaces for trading both futures and OTC energy contracts.