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Published on 1/9/2009 in the Prospect News Special Situations Daily.

Earthlink shareholder Steel Partners sells more than 1.5 million shares

By Lisa Kerner

Charlotte, N.C., Jan. 9 - EarthLink, Inc. investors led by Steel Partners II, LP sold 1,505,571 shares of the company's common stock between Nov. 3 and Jan. 7 priced from $6.50 to $6.9096 each, according to a corrected schedule 13D filing with the Securities and Exchange Commission.

Steel Partners beneficially owns 10,126,601 shares, or 9.3%, of the Atlanta-based internet service provider.


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