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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.
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