Reuters Group: ValueAct Capital Accumulates 5.2% Stake

In a 13D filing after the close on Friday on Reuters Group plc (RTRSY), ValueAct Capital disclosed a 5.2% stake (66.3 million shares) in the company. The fund bought over 7 million shares from 12/12-06-02/08-07.

In a pretty standard disclosure the firm said they reserve the right to formulate other plans and/or make other proposals, and take such actions with respect to their investment in the Issuer, including any or all of the actions set forth in paragraphs (a) through (j) of Item 4 of Schedule 13D, or acquire additional Common Stock or dispose of all the Common Stock beneficially owned by them, in the public market or privately negotiated transactions.

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