Blum Capital buys more than 1 million additional shares of Moneygram International

By Lisa Kerner

Charlotte, N.C., Nov. 20 - Moneygram International, Inc. investors led by Blum Capital Partners, LP bought 1,041,992 shares of the company's stock between Nov. 13 and Nov. 18, according to a schedule 13D/A filed with the Securities and Exchange Commission.

The shares were priced from $0.8917 to $1.0004 each.

In a prior SEC filing, Blum reported the purchase of 3,624,000 shares of the company's stock between Oct. 27 and Nov. 12.

Blum beneficially owns 16,056,435 shares, or 19.4%, of the Minneapolis-based payment services provider.

© 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.