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Published on 11/25/2008 in the Prospect News Special Situations Daily.

Brink's shareholder Steel Partners reports call options

By Lisa Kerner

Charlotte, N.C., Nov. 25 - Brink's Co. investor Steel Partners II, as of Nov. 20, held call options to purchase 2,874,000 shares of the company's stock at a strike price of $45 per share, it was reported in a schedule 13D/A filed with the Securities and Exchange Commission.

The call options expire on Jan. 17 and were purchased for a total of approximately $3.62 million, the filing said.

Steel Partners also reported a 6.3% ownership interest in the Richmond, Va., transportation and cash logistics services company.


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