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ValueAct buys further shares of Advanced Medical Optics for 12.6% stake
New York, July 2 - Advanced Medical Optics, Inc. investors led by ValueAct Capital Master Fund, LP bought an additional 1,625,000 shares of the company's stock from June 22 to June 28, lifting the stake to 7,536,635 shares or 12.6%, according to a schedule 13D/A filing with the Securities and Exchange Commission.
The shares were bought at prices between $33.48 and $33.89 and the total cost was $54.69 million.
On June 5 the investors reported an 8.8% stake and on May 11 a 6.6% holding.
Advanced Medical Optics is a Santa Ana, Calif., ophthalmic surgical and eye care products company.
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