In a 13D filing after the close Friday on Electronics for Imaging, Inc. (NASDAQ:EFII), Blum Capital disclosed a 5.3% stake (3 million shares) in the company. This is up from the 2.3 million share stake the firm disclosed in EFII for the quarter ended September 30, 2006.
The firm said while it has no specific plan or proposal, they may communicate with the board of directors, management or other shareholders concerning the company. The firm said they may discuss ideas that may result in any of the following: the acquisition by persons of additional Common Stock of the Issuer, an extraordinary corporate transaction involving the Issuer, and/or changes in the board of directors or management of the Issuer.
EFII 1-yr chart