Lon Juricic submits: In a 13D filing on Kintera Inc. (KNTA), Magnetar Financial LLC disclosed an 11.6% stake (4.66 million shares). The firm noted they initially acquired the securities of the Company as a passive investment.
The firm said they, like several other large investors, have become quite concerned about the Company?s operating results and management policies and personnel. The Reporting Persons approve of the board?s recent separation of the Chairman and Chief Executive Officer positions, however, it is the belief of the...
Lon Juricic submits: In a 13D filing on Kintera, Inc. (KNTA), Coghill Capital disclosed a 9.9% stake (3.98 million shares) in the company. The firm also disclosed a letter sent to the Company's Board of Directors requesting that the Board consider making changes to current management. The firm changed their filing status from 13G to 13D indicating their more active related to the investment.
