Quadrangle Capital reports 36.5% stake in Dice Holdings

By Lisa Kerner

Charlotte, N.C., March 18 - Quadrangle Capital Partners II LP acquired 836,232 shares of Dice Holdings, Inc. on March 14 priced at $6.26 each, or a total of some $5.23 million, from Morgan Stanley & Co. International plc.

Also on March 14, Quadrangle acquired 719,887 shares from Morgan Stanley for $6.42 per share, or a total of about $4.62 million.

The transactions settled the first and second postpaid forward contracts Quadrangle and Morgan Stanley entered into on Feb. 22, according to a schedule 13D filing with the Securities and Exchange Commission.

The investors beneficially own 22,643,055 shares, or 36.5%, of the New York-based online recruiting and career development 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.