Chase Coleman's hedge fund firm Tiger Global recently filed a disclosure in the UK on Justice Holdings (LON:JUSH). The filing reveals that trading took place on April 19th and Tiger have disclosed a 5.27% holding in Justice with 4,000,000 shares.
Readers will recall that Justice Holdings is Bill Ackman's specialty purpose acquisition (SPAC) vehicle that holds a 29% stake in Burger King. Ackman founded Justice along with Martin Franklin and Nicolas Berggruen by raising $1.4 billion in an IPO in London.
Justice Holdings was recently merged with Burger King Worldwide and now trades on the New York Stock Exchange under ticker BKW. We've previously posted Ackman's presentation on Burger King.
Per Yahoo Finance, Burger King Worldwide is "operates fast food hamburger restaurants principally under the Burger King brand worldwide. The company's restaurants primarily offer flame-grilled hamburgers, chicken and other specialty sandwiches, french fries, soft drinks."
Chase Coleman was recently listed as one of the top 25 highest earning hedge fund managers of 2011.
Monday, June 25, 2012
Tiger Global Reveals Justice Holdings Stake (Now Burger King)
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