New major stockholder Phoenix Capital followed suit the following month, selling all but 50 million of its 575 million shares to JPMorgan on December 9 2005, and once again the investment bank offloaded their purchase within a few days for tens of millions of dollars in profit.
New major stockholder Phoenix Capital followed suit the following month. New major stockholder Phoenix Capital was selling all but 50 million of its 575 million shares. This was to JPMorgan on December 9 2005. Once again the investment bank offloaded their purchase within a few days for tens of millions of dollars in profit.