Voltari Announces Closing of Rights Offering

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Carl Icahn Acquires Over 4M Shares of Voltari (VLTC) After Exercising Rights; Boosts Stake to 52.3%

March 31, 2015 5:14 PM EDT

In an amended 13D filing on Voltari (NASDAQ: VLTC), hedge fund Carl Icahn disclosed a 52.3%, or 4,739,620 share, stake in the company. This is up 598.85% from the 678,203 shares held at the end of the latest quarter ending December 31, 2014.

On March 30, 2015, the Reporting Persons acquired an aggregate of 4,061,417... More