(Reuters) - Fleming Funds, which are finite-life partnerships and have
been investing in Hudson for more than eight years, have
reached a point in the partnerships' term that makes it
necessary to seek liquidity of the partnerships' remaining
investments, Hudson said in a statement.
Hudson said it purchased and retired 5.7 million of its
shares from Fleming Funds, which previously owned 19.1 million
shares of the company, while certain executive officers and one
key employee of the company purchased the remaining 9.2 million
shares.
Read more at Reuters.com Mergers News
been investing in Hudson for more than eight years, have
reached a point in the partnerships' term that makes it
necessary to seek liquidity of the partnerships' remaining
investments, Hudson said in a statement.
Hudson said it purchased and retired 5.7 million of its
shares from Fleming Funds, which previously owned 19.1 million
shares of the company, while certain executive officers and one
key employee of the company purchased the remaining 9.2 million
shares.
Read more at Reuters.com Mergers News
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