Bruce Berkowitz's investment firm Fairholme Capital has filed a 13G with the SEC regarding shares of Seritage Growth Properties (SRG). Per the filing, Fairholme now owns 13.2% of Seritage with over 3.25 million shares.
This is a newly disclosed position for Berkowitz as Sears (SHLD), one of his top holdings, recently formed a REIT (Seritage) to hold 254 stores. The filing was made due to activity on July 6th. Seritage recently announced expiration and oversubscription of its rights offering.
Friday, July 17, 2015
Fairholme Capital Shows Seritage Growth Properties Position
blog comments powered by Disqus
