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 12/18/2007 in the Prospect News Special Situations Daily.

Sullivan reports 9.6% stake in Primus Telecommunications

By Lisa Kerner

Charlotte, N.C., Dec. 18 - Primus Telecommunications Group, Inc. investor Sean O'Sullivan purchased a total of 994,999 shares of the company's stock for $447,749.55 as an investment.

The shares were acquired on Nov. 29 and Nov. 30 priced at an average of $0.45 each, according to a schedule 13D filing with the Securities and Exchange Commission.

Sullivan owns 13.63 million or 9.6% of the Mclean, Va.-based integrated communications services company.


© 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.