Hedge funds

Michael Price Exercises West Coast Bancorp Warrants

Michael F. Price's MFP Partners, a value focused hedge fund based in New York, has exercised warrants equivalent to 750,000 shares of West Coast Bancorp (NASDAQ:WCBO) common stock, and additional preference shares convertible to 87,820 shares of common stock. However, according to the Form 13D filing, Michael F. Price's still holds 8.8% of the company, unchanged.

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