Loeb's Third Point LLC Discloses Passive 6.2% Stake in FEI (FEIC)

February 14, 2007 12:10 PM EST Send to a Friend
In a 13G filing after the close yesterday on FEI Co. (Nasdaq: FEIC), Third Point LLC disclosed a "passive" 6.2% stake (2.1 million shares) in the company. Third Point did not show a stake in FEIC for the quarter ended September 30, 2006.

Hedge fund Third Point LLC was founded in 1995 by Daniel S. Loeb, who is know mainly for his activist stance towards many of his investments.

FEI Company is a global leader in providing innovative instruments for nanoscale imaging, analysis and prototyping.

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