Gates Capital Management Increase Stake in Mercer International
Posted on September 21st, 2012 by whalewisdom
Jeffrey Gates Gates Capital Management., a New York-based hedge fund, filed a new 13G disclosing ownership of 3,368,027 shares of MERC as of September 19th. This gives Gates Capital Management. a 6% stake in the company and is an increase of 1,119,961 shares over what they reported in their June 30th, 2012 13F filing.
From Yahoo! Finance, Mercer International Inc., together with its subsidiaries, engages in the manufacture and sale of northern bleached softwood kraft (NBSK) pulp primarily in North America, Europe, and Asia.
| Reported via | Date | Name | Ticker | Shares | % of Portfolio |
|---|---|---|---|---|---|
| 13F | 2012-06-30 | Mercer International Inc. | MERC | 2,248,066 | 1.01 |
| SC 13G | 2012-09-19 | Mercer International Inc. | MERC | 3,368,027 | N/A |