Glenview Capital Boosts Stake In ArvinMeritor (ARM) to 5.7%

March 28, 2011 5:00 PM EDT
In a 13G filing after the close on ArvinMeritor Inc. (NYSE: ARM), hedge fund Glenview Capital disclosed a 5.72%, or 5,388,617 share, stake in the company.

This is up from the 4,038,617 share stake the firm held at the end of the last quarter ended December 31, 2010.

Glenview Captal is a New York-based hedge fund founded by Larry Robbins. The firm held $6.04 billion in U.S. securities at the end of the latest quarter.

ArvinMeritor, Inc. (NYSE: ARM) (NYSE: MTOR) recently announced it will change its ticker symbol on the New York Stock Exchange from "ARM" to "MTOR," effective at the start of trading on March 30, 2011.


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