Harbinger Capital Takes Position in Zapata
Tuesday, June 23, 2009 : PermalinkSeeking Alpha – In a 13D filing with the SEC, Harbinger Capital Partners has revealed a new position in Zapata Corporation due to activity on June 17th, 2009. This is a brand new position for the hedge fund and it now shows a 51.3% ownership stake with 9,888,684 shares.
As defined in the 13D, Harbinger has, "Acquired beneficial ownership as a result of receiving certain proxies to vote the Shares. Until the Closing (as defined in Item 6), the Funds will not acquire a pecuniary interest in any of the Shares."
Tags:
13d, beneficial ownership, harbinger, harbinger capital partners, hedge fund, new-position, ownership-stake, pecuniary interest, proxies, seeking alpha
