Tuesday, November 14, 2006

Paperstand

Barron’s Online „Inside Scoop” section reprots that Shamrock Activist Value Fund disclosed that it now owns about 1.73m Modine Manufacturing (MOD) shares, or a 5.27% stake of the co. While Shamrock said in the 13D that it has "no current plans or proposals with respect to" Modine or its securities, Lon Juricic, the founder of StreetInsider.com, says that Shamrock may become more actively involved with Modine if its stock performance does not improve.

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