Wednesday, May 23, 2007

Pirate Capital Lowers Their Stake in GenCorp (GY) to 6.8%

In an amended 13D filing after the close on GenCorp Inc. (NYSE: GY), Pirate Capital disclosed they lowered their stake in the company to 3,827,600 shares (6.8%). The firm held 5,061,000 GenCorp shares at the quarter ended March 31, 2007.

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