{"id":167904,"date":"2010-01-11T19:37:00","date_gmt":"2010-01-12T00:37:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/john-paulson-takes-stake-in-advertising-firm-supermedia-2010-1"},"modified":"2010-01-11T19:37:00","modified_gmt":"2010-01-12T00:37:00","slug":"john-paulson-takes-stake-in-advertising-firm-supermedia-spmd","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/167904","title":{"rendered":"John Paulson Takes Stake In Advertising Firm SuperMedia (SPMD)"},"content":{"rendered":"<p>John Paulson&#8217;s hedge fund firm Paulson &amp; Co has just filed a 13D with the SEC and has disclosed a 17.4% ownership stake in SuperMedia (SPMD). The filing was made due to activity on December 31st, 2009 and they now own 2,607,506 shares. This is a newly disclosed stake for them as they did not show share ownership of SPMD when we previously looked at <a href=\"http:\/\/www.marketfolly.com\/2009\/12\/hedge-fund-paulson-cos-latest-portfolio.html\">Paulson&#8217;s portfolio.<\/a> SuperMedia is the new name for Idearc, who recently emerged from bankruptcy.<\/p>\n<p>Their position in SuperMedia does require some explanation as they didn&#8217;t just solely purchase shares. Taken direct from the SEC filing, we see that &#8220;A total of $12,117,456 was paid to acquire shares pursuant to the Standby Purchase Agreement.<\/p>\n<h2 id=\"TixyyLink\" style=\"border: medium none; overflow: hidden; color: #000000; background-color: transparent; text-align: left; text-decoration: none;\"><strong><br \/><a href=\"http:\/\/www.marketfolly.com\/2010\/01\/john-paulson-discloses-supermedia-spmd.html#ixzz0cM0200GA\">Read the whole story at MarketFolly &#8212; &gt;<\/a><\/strong><\/h2>\n<p><a href=\"http:\/\/www.businessinsider.com\/john-paulson-takes-stake-in-advertising-firm-supermedia-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/nestle-and-kraft-on-the-brink-of-a-cadbury-bidding-war-2010-1\">Kraft And Nestle&#8217;s Cadbury Bidding War Has John Paulson Laughing All The Way To The Bank<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/john-paulson-makes-huge-bet-on-ipo-of-russian-aluminum-firm-rusal-2009-12\">John Paulson Makes Huge Bet On IPO Of Russian Aluminum Firm Rusal<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/happy-hanukkah-paulson-kkr-and-others-raise-18-million-for-uja-2009-12\">John Paulson To Be Honored At Tonight&#8217;s UJA Benefit<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/vvWEVH3ypzg\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>John Paulson&#8217;s hedge fund firm Paulson &amp; Co has just filed a 13D with the SEC and has disclosed a 17.4% ownership stake in SuperMedia (SPMD). The filing was made due to activity on December 31st, 2009 and they now own 2,607,506 shares. This is a newly disclosed stake for them as they did not [&hellip;]<\/p>\n","protected":false},"author":389,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-167904","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/167904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/389"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=167904"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/167904\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=167904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=167904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=167904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}