New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 1, 2013
16:07 EDTJEF, LUKLeucadia declares spin-off dividend of Crimson Wine shares
The board of Leucadia National Corporation (LUK) declared a pro rata dividend of all of the shares of common stock of its wholly-owned subsidiary, Crimson Wine Group, which holds all of Leucadia's wine operations. The dividend will result in the separation of the two companies, as required by the merger agreement between Leucadia and Jefferies Group (JEF). On the distribution date, which is expected to be February 25, Leucadia shareholders of record as of 5 p.m. EST on February 11, will receive one share of Crimson common stock for every 10 Leucadia common shares they hold, with cash in lieu of fractional shares to be distributed thereafter.
News For LUK;JEF From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 26, 2014
09:22 EDTLUKLeucadia raises stake in Harbinger Group to 23.2%
Leucadia (LUK) disclosed in a filing that on November 25 the company entered into a Stock Purchase Agreement with Harbinger Capital Partners and Harbinger Capital Partners II pursuant to which Leucadia will purchase from the sellers or investment funds managed by the sellers an aggregate of 5M shares of Harbinger Group (HRG) common stock at a price of $12.90 per share, excluding a 7.5c per share commission to be received by Leucadia’s brokerage subsidiary.
November 25, 2014
15:39 EDTLUKLeucadia stake in Harbinger up to 22%, Bloomberg says
Harbinger Group's (HRG) largest shareholder Leucadia (LUK), has increased its stake in the firm by an additional 5M shares, says Bloomberg, citing a person with knowledge of the matter. The most recent share purchase increases Leucadia's stake in Harbinger Group to approximately 22%, added Bloomberg. Reference Link
November 17, 2014
07:12 EDTJEFBloomberg / Mayer Brown to co-host a conference
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use