Atlantic Investment buys 254,600 shares of Joy Global

By Lisa Kerner

Charlotte, N.C., March 3 - Atlantic Investment Management, Inc. bought a net 254,600 shares of Joy Global Inc.'s stock through a series of buy and sell transactions between Jan. 5 and Feb. 27.

The shares were priced from $17.49 to $25.86 each, according to a schedule 13D filed with the Securities and Exchange Commission.

Atlantic Investment beneficially owns 5,245,400 shares, or 5.1%, of the Milwaukee-based company's outstanding stock.

Joy Global manufactures and services mining equipment.

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