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
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers R > Headlines for Rural/Metro Corp. > News item
Published on 7/9/2007 in the Prospect News Special Situations Daily.

Accipiter increases stake in Rural/Metro

By Lisa Kerner

Charlotte, N.C., July 9 - Rural/Metro Corp. shareholders led by Accipiter Life Sciences Fund, LP bought 253,711 shares of the company's stock on July 5 and July 6, priced from $5.52 and $5.64 per share, according to a schedule 13D filing with the Securities and Exchange Commission.

The reporting persons beneficially own 3,456,909 shares, or 14.8%, of the Scottsdale, Ariz., medical transportation company's outstanding stock.

On June 26, Accipiter reported a 12.98% stake in Rural/Metro.


© 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.