Thursday, August 23, 2007

Sidus Takes An 'Active' Role in LookSmart (LOOK)

In a 13D filing on LookSmart Ltd. (Nasdaq: LOOK), 10.3% holder Sidus Investment Management noted they changed their filing status from 13G 'passive' to 13D 'active'.

In a pretty standard disclosure, Sidus did not make any direct requests on the company. The firm said they reserve the right to discuss various views and opinions with members of the company's senior management.

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