Merriman Curhan Ford sells 2.5 million shares of Points International

By Lisa Kerner

Charlotte, N.C., Dec. 7 - Points International Ltd. investors led by Merriman Curhan Ford & Co. sold 2,584,900 shares of the company's stock between Oct. 18 and Dec. 6, according to a schedule 13D filing with the Securities and Exchange Commission.

The shares were priced from $1.85 to $3.23 each.

The reporting persons beneficially own 5,742,400 shares or 4.8% of Points' outstanding equity.

Based in Toronto, Points International operates a web site that offers an earn-and-swap miles and points program.

© 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.