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ValueAct Capital Raises Stake in VeriSign, Inc. (VRSN) to 5.3%

August 17, 2011 4:36 PM EDT
In a 13D filing on VeriSign, Inc. (NASDAQ: VRSN), hedge fund ValueAct Capital disclosed a 5.3%, or 8,821,469 share, stake in the company. This is up 6.97% from the 8,246,369 shares held at the end of the latest quarter ending June 30, 2011.

The fund said it acquired the share for investment purposes. The fund also said it may hold talks with management or directors of the company or others. The disclosure was mostly boilerplate.

For more notable holders of VeriSign, Inc. stock click here. For more information on ValueAct Capital click here.


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ValueAct Capital, LLC, Jeffrey W. Ubben, Hedge Funds, 13D