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
 
Published on 10/16/2008 in the Prospect News Special Situations Daily.

Investor Jack Schuler doubles stake in Transition Therapeutics

By E. Janene Geiss

Philadelphia, Oct. 16 - Jack W. Schuler and the Schuler Family Foundation nearly doubled their stake in Transition Therapeutics Inc. as of Oct. 10, according to an SC 13G/A filing with the Securities and Exchange Commission.

Schuler reported a 12.77% passive stake, representing 2,962,323 shares.

He previously reported that his investment in the Toronto-based biopharmaceutical company rose above the 5% reporting threshold on March 20, 2008 when he held a passive stake of 6.54%, according to an earlier SC 13G filing.


© 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.