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Published on 4/16/2009 in the Prospect News Special Situations Daily.

Maguire Properties investor Third Point reports 6.03% ownership

By Lisa Kerner

Charlotte, N.C., April 16 - Third Point LLC sold 126,000 shares of Maguire Properties, Inc. on March 12 and March 13 priced at $0.71 and $0.76, respectively, according to a schedule 13D/A filed with the Securities and Exchange Commission on Thursday.

The investors also bought 150,000 shares on April 13 for $1.59 per share, the filing said.

Third Point beneficially owns 2,895,000 shares, or 6.03%, of the Los Angeles-based real estate investment trust.


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