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Prospect News home > News index > List of issuers A > Headlines for Alliance Data Systems Corp. > News item
Published on 3/7/2008 in the Prospect News Special Situations Daily.

CR Intrinsic's ownership of Alliance Data drops below 5%

By Lisa Kerner

Charlotte, N.C., March 7 - Alliance Data Systems Corp. investors led by CR Intrinsic Investors, LLC reduced their ownership interest in the company to 4.5% from 6.6%.

The investors reported a series of buy and sell transactions between Feb. 6 and March 6 in a schedule 13D filing with the Securities and Exchange Commission.

CR Intrinsic beneficially owns some 3.58 million shares of Alliance Data common stock.

Dallas-based Alliance Data provides marketing, loyalty and transaction services.


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