Chapman Capital Lowers Stake in eSpeed (ESPD) to 6%
In an amended 13D filing on eSpeed, Inc. (Nasdaq: ESPD), Chapman Capital disclosed a 6% stake in the company. This is down from the 8.1% stake the firm disclosed in a May 11th 13D/A filing.
Chapman has been pushing the company to sell. In April, the company's controlling stockholder, Cantor Fitzgerald, L.P., rejected a $12.00/share acquisition proposal from Tullett Prebon Plc.
Chapman has been pushing the company to sell. In April, the company's controlling stockholder, Cantor Fitzgerald, L.P., rejected a $12.00/share acquisition proposal from Tullett Prebon Plc.
Labels: Chapman Capital, ESPD, eSpeed, Robert Chapman
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