5,000,000 shares bought since May 5

[727flier]

Does anybody know who these guy's are? The investment firm is called: "
PERELLA WEINBERG PARTNERS XERION FUND GP LLC"

A quote from the Schedule 13 D
"The primary interest
of the Reporting Persons is to ensure that the value of the Common Stock of the
Company is maximized for the benefit of all shareholders. The Reporting Persons
intend to review their investment in the Company on a continuing basis and may
engage in discussions with management, the board of directors, other
shareholders of the Company and other relevant parties concerning the business,
operations, management, governance, strategy and future plans of the Company.
Depending on various factors including, without limitation, the Company's
financial position and strategic direction, the outcome of the discussions and
actions referenced above, actions taken by the board of directors, price levels
of the Common Stock, other investment opportunities available to the Reporting
Persons, conditions in the securities market and general economic and industry
conditions, the Reporting Persons may in the future take such actions with
respect to their investment in the Company as they deem appropriate including,
without limitation, purchasing additional shares of Common Stock or selling some
or all of their shares of Common Stock, engaging in short selling of or any
hedging or similar transactions with respect to the shares of Common Stock
and/or otherwise changing their intention with respect to any and all matters
referred to in Item 4 of Schedule 13D." has that happened yet? Just wondering............

 

[Andy Neill]

No, I don't. Which company are we talking about here?

 

[nitefr8dog]

Does anybody know who these guy's are? The investment firm is called: "
PERELLA WEINBERG PARTNERS XERION FUND GP LLC"

A quote from the Schedule 13 D
"The primary interest
of the Reporting Persons is to ensure that the value of the Common Stock of the
Company is maximized for the benefit of all shareholders. The Reporting Persons
intend to review their investment in the Company on a continuing basis and may
engage in discussions with management, the board of directors, other
shareholders of the Company and other relevant parties concerning the business,
operations, management, governance, strategy and future plans of the Company.
Depending on various factors including, without limitation, the Company's
financial position and strategic direction, the outcome of the discussions and
actions referenced above, actions taken by the board of directors, price levels
of the Common Stock, other investment opportunities available to the Reporting
Persons, conditions in the securities market and general economic and industry
conditions, the Reporting Persons may in the future take such actions with
respect to their investment in the Company as they deem appropriate including,
without limitation, purchasing additional shares of Common Stock or selling some
or all of their shares of Common Stock, engaging in short selling of or any
hedging or similar transactions with respect to the shares of Common Stock
and/or otherwise changing their intention with respect to any and all matters
referred to in Item 4 of Schedule 13D." has that happened yet? Just wondering............

Coulld you give us a little hint as to which company you are talking about?

 

[TWA]

Atsg?

 

[Mama's Boy]

I think they are an investment group that owns several paper factories. They are after the physical certificates. They have done their research and found that the current stock price is actually lower than the raw material value of the paper product used to create the certificate. From what I have heard they plan to recycle the paper in their toilet paper plant in Arkansas.

 

[Andy Neill]

PERELLA WEINBERG PARTNERS XERION FUND GP LLC
Perella came out of Morgan Stanley. Weiberg came out of Bear Stearns. In 2003 they started a verture capital group which acquired Xerion last year. Their main offices are NY, London, and Austin. They specialize in investing in distressed companies.

 

[727flier]

Thanks....and yes it was ATSG. Sorry I wasn't more clear.

 

[Colonel Savage]

PERELLA WEINBERG PARTNERS XERION FUND GP LLC
Perella came out of Morgan Stanley. Weiberg came out of Bear Stearns. In 2003 they started a verture capital group which acquired Xerion last year. Their main offices are NY, London, and Austin. They specialize in investing in distressed companies.

So ATSG is now considered a distressed company, obviously since DP yanked the carpet out from under everyone in ILN. I just have a bad feling that pieces of a lot of ATSG companies are going to wind up being sold off. Nothing against ABX, ATI, CAC, etc; it's just the way these vulture funds operate that scares me.

 

[shooter]

So ATSG is now considered a distressed company, obviously since DP yanked the carpet out from under everyone in ILN. I just have a bad feling that pieces of a lot of ATSG companies are going to wind up being sold off. Nothing against ABX, ATI, CAC, etc; it's just the way these vulture funds operate that scares me.

Yep, once the poison pill is removed that left the door open for groups like that to sell off the assets and there is nothing that can be done about it.

http://www.bizjournals.com/columbus/stories/2008/05/12/daily26.html?ana=from_rss

 

[727flier]

From what I read..it's only 7.9 % of the common stock. I wouldn't think that would give them a lot of Hell raising ability, but you never know.