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Message: Re: PTSC sold 4% stake in Talis?... Mark4321
1
Aug 06, 2008 06:12AM

From RG's 7/21 letter

<On July 31 we expect to close our previously announced plan to increase Patriot’s holdings in Talis Data Systems. Patriot will directly acquire the shares of Talis held by SSDI, provide a direct cash investment to Talis, and buy-out certain minority shareholders to increase Patriot’s direct holdings to more than 40%.>

It's seems pretty clear that the plan was to buy the SSDI shares. Opty

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