E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/10/2009 in the Prospect News Special Situations Daily.

Online Resources shareholder Tennenbaum Capital buys 365,500 shares

By Lisa Kerner

Charlotte, N.C., Dec. 10 - Tennenbaum Capital Partners, LLC bought 365,500 shares of Online Resources Corp. stock between Nov. 19 and Dec. 8 priced from $5.26 and $5.6663 each, according to a schedule 13D/A filed with the Securities and Exchange Commission on Thursday.

Between Nov. 2 and Nov. 4, Tennenbaum bought 450,000 shares priced from $4.9742 to $5.3831 each, a prior SEC filing said.

The investor beneficially owns 8,432,970 shares or 24.3% of the Chantilly, Va.-based web-based financial services company.


© 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.