Cohen's SAC Capital Discloses Nearly 5% Stake in Willbros Group (WG)

May 23, 2008 4:35 PM EDT

In a 13G filing after the close on Willbros Group, Inc. (NYSE: WG), Steven Cohen's SAC Capital disclosed a 4.8% stake (1,891,729 shares) in the company. The firm did not show a stake at the quarter ended March 31, 2008.

Willbros Group, Inc. (Willbros) is an independent international contractor serving the oil, gas and power industries and government entities worldwide.

SAC is a multi-strategy, $14 billion hedge fund founded by Steven A. Cohen in 1992.

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