Jonathon Jacobson's hedge fund firm Highfields Capital has filed a Form 4 with the SEC regarding shares of Silver Run Acquisition Corp II (SRUN).
Per the filing, Highfields sold over 3.24 million shares of SRUN on September 29th at a price of $10.17. After this transaction, they were left with a position of over 8.25 million shares.
Silver Run Acquisition II is a private equity backed oil and gas play led by a former executive of Anadarko Petroleum. Recently, in August, the company announced it was merging with Alta Mesa and Kingfisher Midstream to create a $3.8 billion company.
Wednesday, October 4, 2017
Highfields Capital Trims Silver Run Acquisition Stake
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