Sellers Capital reports 6.92% stake in Premier Exhibitions

By Lisa Kerner

Charlotte, N.C., March 20 - Investors led by Sellers Capital Master Fund, Ltd. bought 1,323,840 shares of Premier Exhibitions, Inc. between Jan. 22 and March 19, according to a schedule 13D filing with the Securities and Exchange Commission.

The shares were purchased at an average price of $4.52 to $5.89 per share.

The investors beneficially own 2,088,622 shares, or 6.92%, of the Atlanta-based company.

Premier Exhibitions develops and tours exhibits worldwide and operates as the salvor-in-possession of the Titanic wreck.

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