Seeking Alpha

KIT Digital (KITD +22.7%) takes off after disclosing activist investors Seth Hamot and Peter...

KIT Digital (KITD +22.7%) takes off after disclosing activist investors Seth Hamot and Peter Heiland have been added to its board (director Joseph Mullin is stepping down), and that their funds (Costa Brava and JEC Capital) now respectively hold 7% and 8% stakes in the beaten-down IP video software provider. KIT says its board will now "address several expressions of interest" regarding a sale of part or all of the company. (PR) (previous)
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector