FMR (Fidelity) Sells Off — Goes From 11.9% Holder, To Under 5% — Post Oracle Announcement

Textura-FMR-Dumps-2016The exodus continues….

As of February 2o16 proxy disclosure time, FMR (an affiliate of the Fidelity Funds) held almost 12 per cent of all of Textura’s outstanding shares. No longer.

Now — as of an amended Schedule 13G this morning — it is under 5 per cent.

Upshot? More smart institutional investors taking the merger arbitrage risk of the table.

Now you know.

This entry was posted in Uncategorized and tagged . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s