From 13D TrackerIn a 13D filing after the close on Modine Manufacturing Co. (NYSE: MOD) Shamrock Activist Value Fund disclosed a 5.3% stake (1.7 million shares) in the company.The fund said it has no current plans or proposals with respect to the Company or its securities of the types enumerated in paragraphs (a) through (j) of this Item 4 to the form Schedule 13D promulgated under the Act.According to the fund’s website, Shamrock has utilized its activist strategy to invest over $825 million of investment capital in 30 companies and currently has $925 million of committed capital. Shamrock’s activist investment philosophy relies of finding “deep value” companies to invest in and then buying influential equity stakes that permit “responsible activism.”http://www.13dtracker.blogspot.com/
Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.