Institutional Analyst Inc.'s Blog – March 2014 Archive (1)

Fortress Executives Join Peers Selling Stock After Rally (Bloomberg).

Four top executives of Fortress Investment Group LLC (FIG), the first publicly traded private-equity and hedge-fund manager in the U.S., will sell 25.7 million Fortress shares and operating units, about 10 percent of their interest, in an underwritten public stock sale.

The planned offering, disclosed yesterday in a regulatory filing by the New York-based company, is the first large disposal of…

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Added by Institutional Analyst Inc. on March 13, 2014 at 9:36am — No Comments

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