INVG Mortgage Securities Corp. makes announcement.RENO, Nev.--(BUSINESS WIRE)--July 2, 1997--It was reported on June 30 that Page Mill Asset Management ("Page Mill") has sold its controlling interest controlling interest The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail in INVG INVG Ingolstädter Verkehrsgesellschaft mbH (Ingolstadt, Germany bus operator) INVG Improved Night Vision Goggles Mortgage Securities Corp. (OBB OBB Oberbayern (German: Upper Bavaria) OBB Oriented Bounding Box (computer physics simulation collision detection) OBB Old Blue Box (Ragnarok Online Game) :INVG) at $12 per share to an undisclosed investor group. Page Mill's share holding of 253,800 shares represented 42 percent of the outstanding shares of INVG Mortgage Securities Corp. CONTACT: INVG Mortgage Securities Corp. Robert E. Greeley, 415/399-9600 |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion