Monday, April 23, 2007

French Raider Bollore Discloses 6.4% Stake in Harris Interactive (HPOL)

In a 13D filing after the close Friday on Harris Interactive Inc. (Nasdaq: HPOL), Vincent Bolloré disclosed a 6.4% stake (3.4 million shares) in the company.

Bolloré indirectly controls Financière de Sainte-Marine (FdSM). This investment is part of the strategy of the Bolloré Group in the media and communication industry.

Bolloré and FdSM do not currently intend to seek control of the Issuer, although Mr. Bolloré and FdSM reserve the possibility to change their position in the future.

Bolloré is a well known corporate raider in France.

Labels: , ,


Post a Comment

<< Home