Bear Stearns shareholder takes 9.95 pct passive stake

mercoledì 13 febbraio 2008 17:28

Feb 13 (Reuters) - Bear Stearns Cos Inc BSC.N shareholder Barrow Hanley Mewhinney & Strauss filed with the U.S. Securities and Exchange Commission to disclose a 9.95 percent passive stake in the bank.

The investment adviser said the stake gives it ownership over about 11.5 million shares, sole voting power over about 2 milion shares and shared voting power over about 9.5 million shares. (Reporting by Sayantani Ghosh in Bangalore;)