E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 8/7/2009 in the Prospect News Special Situations Daily.

Reddy Ice investor ready to discuss shareholder value with management

By Lisa Kerner

Charlotte, N.C., Aug. 7 - Reddy Ice Holdings, Inc. shareholder Avenir Corp. said it filed a schedule 13D on Friday with the Securities and Exchange Commission so that it may be permitted to consult with Reddy's management on a "wide range of matters relating to protecting and enhancing existing shareholder value."

According to Avenir, the matters could include capital structure, capital allocation, management and strategic direction.

Avenir beneficially owns 1,777,724 shares, or 7.9%, of the Dallas ice maker's outstanding stock following a series of buy and sell transactions between June 5 and July 30, the filing said.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.