Mason Capital considering pushing for change in board, management of Internet Capital

By Lisa Kerner

Charlotte, N.C., Jan. 22 - Mason Capital Management LLC and affiliated reporting persons informed Internet Capital Group, Inc.'s senior management that it is considering a proposal to change the company's present board of directors or management.

The majority shareholders, with 9.5% or about 3.7 million shares, have retained a proxy solicitation firm in connection with the proposed change, according to a schedule 13D filing with the Securities and Exchange Commission.

Internet Capital is a Wayne, Pa., investment firm.

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