| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers S > Headlines for Scailex Corp. Ltd. > News item |
Tao Tsuot increases ownership interest in Scailex
By Lisa Kerner
Charlotte, N.C., Jan. 17 - Investors led by Tao Tsuot Ltd. purchased 548,191 shares of Scailex Corp. common stock between Dec. 27 and Jan. 16.
The shares were bought for a total of $5.57 million and paid for by Tao Tsuot from its working capital, according to a schedule 13D filing with the Securities and Exchange Commission.
Prior to that, Tao Tsuot purchased 383,766 shares between Oct. 3 and Dec. 12 priced from $9.61 to $10.53 each, a separate SEC filing stated.
Tao Tsuot and its affiliates beneficially own 8,837,610 shares, or 23.15%, of the Tel Aviv-based digital systems development company.
The investors reported a 21.71% stake in Scailex on Dec. 27.
© 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.