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Friday Afternoon Filings: NYTCo Insiders; CNET Activists Trade Shares

By Joseph Weisenthal - Fri 22 Feb 2008 04:14 PM PST

No fireworks, but a few SEC filings this evening at a pair of companies dealing with activist investors:

-- CNET: Some intra-party trading going on here: In this filing, Jana Partners announced that it has disposed of 114,333 shares at price of $7.44.... but in this filing, its partner, Alex Interactive said it acquired 114,333 shares at the same price. On net, the moves don’t affect the total holdings between the two.

-- NYTCo: It looks like Harbinger et. al. took a breather, as it didn’t announce any new buys today. But there was clearly some sort of internal share-awarding event at the company, as several insiders reported new share acquisitions. Among the insiders to have received more shares: CEO Janet L. Robinson, SVP Digital Martin Nisenholtz and CFO James Follo. As for the activists, we should find out early next week if they used the recent two-day swoon in NYTCo (NYSE: NYT) shares to add to their pile.

Posted in: Companies, CNET, NYT


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paidContent.org, flagship of the ContentNext Media network, provides global coverage of the business of digital content.

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