Avenue Capital Group Issues Statement
NEW YORK, July 31, 2013 /PRNewswire/ -- Avenue Capital Group today issued the following statement:
The Form 4 filed at approximately 3:19 pm ET today by Marc Lasry and Avenue Capital Management II, L.P. reporting the purchase of YRC Worldwide Inc. common shares on July 29, 2013 contained an inaccurate transaction amount in Item 4 of Table I. The error was the result of a clerical inaccuracy in the computerized form filing. The ownership amount reported in Item 5 of Table I of the Form 4 was correct. Mr. Lasry and Avenue Capital Management II, L.P. have since filed an amended Form 4 which reflects the accurate transaction amount in Item 4 of Table I.
About Avenue Capital Group
Avenue Capital Group is a global investment firm focused on undervalued opportunities in the private and public debt, equity and real estate markets in the U.S., Europe and Asia. As of June 30, 2013, Avenue oversees approximately $12.2 billion of assets under management.
Kekst and Company
SOURCE Avenue Capital Group
More by this Source
Avenue Capital Group Acquires Portfolio of UK Student Accommodation Assets
Oct 04, 2013, 09:55 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.