Mason Capital Raises Stake in Cypress Semi (CY) By Over 6M Shares
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In a 13G filing after the close on Cypress Semiconductor (NYSE: CY), Mason Capital disclosed a 5.4% stake (8,170,483 shares) in the company. This is significantly higher than the 1,935,300 share stake the firm held at the quarter ended 3/31/08.
Cypress Semiconductor Corporation operates as a semiconductor company in the United States and internationally. The company delivers various high-performance, mixed-signal, programmable solutions.
Mason Capital is a New York-based hedge fund. The firm also has offices in Stamford, CT and London. The firm held $1.2 billion in long positions as of 3/31/08.
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