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Published on 6/16/2008 in the Prospect News Special Situations Daily.

Rushmore sells shares of Deerfield Capital, keeps 18.3% ownership interest

By Lisa Kerner

Charlotte, N.C., June 16 - Rushmore Investments Ltd. sold 200,000 shares of Deerfield Capital Corp. on March 14 for $1.18 each.

The investors beneficially own 12,206,300 shares, or 18.3%, of the company's outstanding stock, according to a schedule 13D filed with the Securities and Exchange Commission.

Chicago-based Deerfield is a diversified financial company formed to invest in real estate-related securities and other asset classes.


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