Re: PTSC sold 4% stake in Talis?... Mark4321
in response to
by
posted on
Aug 06, 2008 10:09AM
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