Brief: Magnolia Capital Fund LP reports 17 percent stake in nicholas financial as of March 15, 2017
17/03/2017 17:59
March 17 (Reuters) - Magnolia Capital Fund LP
* Magnolia Capital Fund LP reports a 17 percent stake in
Nicholas Financial Inc as of March 15, 2017- SEC filing
* Magnolia Capital Fund LP says purchased common stock of
Nicholas Financial based on belief that such securities ,when
purchased were "undervalued "
* Magnolia Capital Fund LP says "are potentially interested
in appointing a representative to join the board of directors of
the company"
* Magnolia Capital Fund LP says may engage in communications
with one or more shareholders of nicholas financial
* Magnolia Capital Fund LP says also may engage in
communications with one or more officers and/or one or more
members of board of nicholas financial
Source text for Eikon: [ID:http://bit.ly/2nAdK5B]
Further company coverage: NICK.O
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