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Wednesday, Aug 28
Lone Pine discloses a 5% stake in B/E Aerospace
- Steven Mandel's Lone Pine Capital discloses a 5% stake in B/E Aerospace (BEAV).
- The disclosure lists Lone Pine with 5,285,850 shares, worth around $360M as of yesterday's market close, and represents a 22% increase in the fund's position size since the end of Q2.
- Lone Pine initiated its position in BEAV in Q112.