PR Newswire: news distribution, targeting and monitoring
See more news releases in Banking & Financial Services

Avenue Capital Group Issues Statement

Share with Twitter Share with LinkedIn

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.


Todd Fogarty

Kekst and Company


SOURCE Avenue Capital Group

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.



PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.


Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.


Online Member Center

Not a Member?
Click Here to Join
Search News Releases
Advanced Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release