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Michael Price
By admin - Posted on December 19th, 2007
Tagged: Famed Value investor Michael Price talks about his stock picks with Bloomberg.
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Famed Value investor Michael Price talks about his stock picks with Bloomberg.
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By admin - Posted on December 13th, 2007
Tagged: Michael Price, the billionaire value fund manager, raised his Sallie Mae stake after the company cut its profit forecast and said another buyer may emerge now that private-equity firm J.C. Flowers & Co. has ruled out a new bid.
MFP Investors LLC, Price's investment firm, bought shares of the Sallie Mae, the largest U.S. student-loan provider, yesterday and today, he said in an interview with Bloomberg TV. The Reston, Virginia-based company will either turn itself around or another bidder may come along, he said.
Michael Price, the billionaire value fund manager, raised his Sallie Mae stake after the company cut its profit forecast and said another buyer may emerge now that private-equity firm J.C. Flowers & Co. has ruled out a new bid.
MFP Investors LLC, Price's investment firm, bought shares of the Sallie Mae, the largest U.S. student-loan provider, yesterday and today, he said in an interview with Bloomberg TV. The Reston, Virginia-based company will either turn itself around or another bidder may come along, he said.
By admin - Posted on November 13th, 2007
Tagged: Value investor Michael Price sports an outstanding track record as a money manager. Price got his start with Max Heine at Mutual Series, where he became chairman and president in 1988. Ten years later he sold Heine Securities, the investment advisor to Mutual Series Fund, to Franklin Resources for $670 million. And in 2001, he started his own company, MFP Investors, which has about $1.6 billion under management. He is ranked 664 on Forbes' list of the world's billionaires.
Value investor Michael Price sports an outstanding track record as a money manager. Price got his start with Max Heine at Mutual Series, where he became chairman and president in 1988. Ten years later he sold Heine Securities, the investment advisor to Mutual Series Fund, to Franklin Resources for $670 million. And in 2001, he started his own company, MFP Investors, which has about $1.6 billion under management. He is ranked 664 on Forbes' list of the world's billionaires.

