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D.E. Shaw ups stake in Investment Technology Group
By Lisa Kerner
Charlotte, N.C., Sept. 27 - Investment Technology Group, Inc. investors led by D.E. Shaw Laminar Portfolios, LLC purchased 965,817 shares of the company's stock between Sept. 12 and Sept. 26 priced from $39.82 to $40.99 per share.
The transactions were reported in a schedule 13D filing with the Securities and Exchange Commission.
It was previously reported that under a Sept. 4 premerger notification from the Federal Trade Commission, the reporting persons could hold up to $500 million in total market value of the company's common stock.
The reporting persons own 4,396,392 shares, or 9.9%, of the New York-based specialized agency brokerage and technology company. On Sept. 12, D.E. Shaw reported a 7.7% stake in Investment Technology Group.
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