Ron Burkle Lowers Stake in Morgans Hotel Group Co. (MHGC) to 28.9%

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March 26, 2012 3:01 PM EDT
In a 13D filing on Morgans Hotel Group Co. (NASDAQ: MHGC), Ron Burkle of Yucaipa disclosed a 28.9%, or 12,511,545 share, stake in the company. This is down 9.66% from the 13,850,145 shares held as of August 24th, 2011, the last time a 13D was issued by the manager.

For more notable holders of Morgans Hotel Group Co. stock click here.

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13D, Ron Burkle