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CIFC Corp. Message Board

  • kra4mer kra4mer Jan 11, 2012 9:52 PM Flag

    DFR), said that it will increase its holdings to 4,333,475 shares

    Increases in Holdings
    Flamel Technologies (FLML)
    Deerfield Capital, a subsidiary of CIFC (DFR), said that it will increase its holdings to 4,333,475 shares (17.6%), by acquiring 3,074,108 from hedge fund OSS Capital on Jan. 17 in a private transaction. On Dec. 5, Deerfield had disclosed that it had an active stake in Flamel and added that it might communicate with management, but offered no specific plans or proposals. Following the Jan. 17 transaction, OSS Capital will hold no shares of Flamel.

 
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