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Prospect News home > News index > List of issuers A > Headlines for Avid Technology Inc. > News item
Published on 5/1/2008 in the Prospect News Special Situations Daily.

Blum owns 19.2% of Avid Technology

By Lisa Kerner

Charlotte, N.C., May 1 - Investors led by Blum Capital Partners, LP bought 278,615 shares of Avid Technology Inc. on April 29 and April 30 priced from $20.44 to $20.93 per share.

The transactions were reported in a schedule 13D filing with the Securities and Exchange Commission.

Blum and its affiliates beneficially own 7,138,057 shares, or 19.2%, of the Tewksbury, Mass., digital media content provider's stock, according to a schedule 13D filing with the Securities and Exchange Commission.


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