Berkowitz's Fairholme Capital Cuts RSC Holdings (RRR) Stake in Half
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RSC Holdings, Inc. (NYSE: RRR) shares are flat after-hours, following disclosure that Bruce Berkowitz's Fairholme Capital Management drastically reduced its stake in the rental and leasing company.
On February 14th, 2011, Fairholme had a 14.1 percent, or 14,638,600 share, stake the in RSC Holdings. The latest filing has Fairholme with a 7.1 percent stake, or 7,401,100 share, position.
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On February 14th, 2011, Fairholme had a 14.1 percent, or 14,638,600 share, stake the in RSC Holdings. The latest filing has Fairholme with a 7.1 percent stake, or 7,401,100 share, position.
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Fairholme Capital Management, Bruce Berkowitz
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