Highland Capital Discloses 7.7% Stake in Solutia (SOA)

March 6, 2008 10:25 AM EST

In a 13G filing after the close on Solutia (NYSE: SOA), Highland Capital disclosed a 7.7% stake (4,700,565 shares) in the company. The firm did not show a stake in SOA at the quarter ended 12/31/07. A 13G indicates a 'passive investment.'

Solutia uses world-class skills in applied chemistry to create value-added solutions for customers, whose products improve the lives of consumers every day.

Founded in 1993, Highland Capital Management, L.P. is a leading investment management firm specializing in alternative investments with approximately $40 billion under management. A privately held registered investment advisor, the firm is a recognized leader and innovator in the credit and structured products markets. Highland is headquartered in Dallas, Texas, and has offices in New York and London.


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