Peninsula Capital Exits Cogent Communications - cbl

Posted February 3, 2012

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Dave Schaeffer

By Bill Murphy

WASHINGTON -- Peninsula Capital Advisors LLC has liquidated its holdings in Cogent Communications Group (Nasdaq: CCOI), according to an SEC filing.

The Charlottesville, Va.-based hedge fund sponsor, founded in 2000, said it had fully exited the Washington-based Internet service provider.

Last September, Peninsula owned 3.80 million shares in Cogent, representing an 8.29 percent stake worth $51.11 million.

Peninsula Capital is led by founder and managing partner R. Ted Weschler.

Form 13G filing: http://tinyurl.com/7eta3cy

Also, at citybizlist see:

Peninsula Capital Advisers Reports $158.2 Million Stake in W.R. Grace - cbl

Peninsula Capital Owns 9.2% of Cogent Communications - cbl

Cogent Communications Under Investor Investigation for Executive Compensation

T. Rowe Price Lowers Stake in Cogent Communications to 1.8% - cbl

Cogent Communications Group

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