Titanic Exhibitor Faces Crisis;Major Shareholder Selling Stake

June 22, 2010   |   Posted by Mark Taylor

Reuters is reporting that Sellers Capital, which has a 46% stake in Premier Exhibitions, has stated it will be selling its position. The reason is that Sellers is facing increased redemption demands and needs to return the capital to its investors. Premier states it is “assessing strategic alternatives” which means it is trying to figure [...]

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