Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for American Mortgage Acceptance Co. > News item |
Centerline reports 11.65% stake in American Mortgage Acceptance
By Lisa Kerner
Charlotte, N.C., Aug. 10 - Centerline Holding Co. purchased 859,236 shares of American Mortgage Acceptance Co.'s stock between June 8 and Aug. 10 for a total of $2,051,960.
In addition, Centerline purchased 280,000 of the company's 7.25% series A cumulative convertible preferred shares in a public offering at a price of $25.00 per share on July 27.
The transactions were reported in a schedule 13D filing with the Securities and Exchange Commission.
Centerline owns 979,658 shares, or 11.65%, of the New York real estate investment trust.
© 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.