Great Oaks Capital Significantly Raises Stake in ValueVision Media (VVTV)
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In a 13G filing on ValueVision Media Inc. (Nasdaq: VVTV) Great Oaks Capital Management disclosed a 2,059,073 share, or 6.4%, stake in the company. The firm held just 46,000 ValueVision shares at the quarter ended 3/31/09. A 13G indicates a "passive investment" above 5% but below 20%.
ValueVision Media, Inc., an integrated multi-channel retailer, markets, sells, and distributes its products directly to consumers through various forms of electronic media. The company's principal electronic media activity is its television home shopping business, but the company also markets an array of merchandise through its Internet retailing Web sites, ShopNBC.com and ShopNBC.TV
ValueVision Media, Inc., an integrated multi-channel retailer, markets, sells, and distributes its products directly to consumers through various forms of electronic media. The company's principal electronic media activity is its television home shopping business, but the company also markets an array of merchandise through its Internet retailing Web sites, ShopNBC.com and ShopNBC.TV
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