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Prospect News home > News index > List of issuers S > Headlines for Sunterra Corp. > News item
Published on 3/9/2007 in the Prospect News Special Situations Daily.

Sunterra investor increases stake in company to 9.1%

By Lisa Kerner

Charlotte, N.C., March 9 - The investment manager for Bay Harbour Management, LC and its affiliates acquired 570,400 shares of Sunterra Corp. between Feb. 14 and Feb. 26 priced from $12.50 to $13.206 per share, according to a schedule 13D filing with the Securities and Exchange Commission.

The investors beneficially own 1,797,645 shares, or 9.1%, of the Las Vegas vacation and resort company's common stock.


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