Friday, 22 May 2015
Last updated 7 hours ago
Jan 23 2008 | 8:21am ET
A hedge fund known for investing in airlines is hoping to take flight with discount carrier AirTran Airways.
Boston-based PAR Capital yesterday disclosed a 5.1% passive stake in Orlando, Fla.-based parent company AirTran Holdings. The hedge fund said it bought some 4.7 million AirTran shares in a 13G filing with the Securities and Exchange Commission, indicating that it does not intend to throw its newfound weight around.
PAR at one time was the largest shareholder of US Airways. Ed Shapiro, a PAR vice president, remains on the company’s board of directors.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…