Lone Pine Capital Accumulates 7.8% Stake in Hansen Natural (HANS)
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In a 13G filing after the close on Hansen Natural Corporation (Nasdaq: HANS), Lone Pine Capital disclosed a 7.8% stake (7,295,945 shares) in the company. The firm did not show a stake in Hansen Natural at the quarter ended 3/31/08.
Hansen Natural Corporation, through its subsidiaries, engages in the development, marketing, sale, and distribution of beverages in the United States and Canada.
Lone Pine Capital is a $9 billion long/short equity hedge fund founded in 1997 by Steve Mandel. Prior to founding Lone Pine Capital, Mandel was senior managing director and consumer analyst at Tiger Management Corporation (1990-1997).
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