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Published September 5, 2008 at 11:55 AM
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Citing unnamed sources familiar with the talks, the Times said it could not learn the exact terms UST and Richmond, Va.-based Altria are discussing and that talks could still unravel. The report added, however, that sources said negotiators are expected to work through the weekend to complete the deal as early as Monday.
So who stands to gain from pushing a deal by leaking it to the Times? A peek at UST's leading institutional shareholders may reveal some candidates. Most notable are the ones in red, who are also on Altria's top 10 shareholder list. Of course, three of these institutions -- Vanguard Group Inc., Barclays Global Investors and State Street Corp. -- are big passive index shops and unlikely to be pushing for anything. - Matthew Wurtzel
| UST's top 10 institutional holders as of June 30 |
| Holder |
Shares |
%
of shares
outstanding |
Value |
| Capital Research Global Investors |
11,897,900 |
8.06 |
$649,744,319 |
| Barrow, Hanley Mewhinney & Strauss, Inc. |
8,440,461 |
5.72 |
$460,933,575 |
| Renaissance Technologies, LLC |
7,222,400 |
4.89 |
$394,415,264 |
| Harris Associates LP |
6,171,425 |
4.18 |
$337,021,519 |
| The Vanguard Group Inc. |
6,020,474 |
4.08 |
$328,778,085 |
| Barclays Global Investors UK Holdings Ltd |
5,044,718 |
3.42 |
$275,492,049 |
| Wachovia Corp. |
4,831,034 |
3.27 |
$263,822,766 |
| State Street Corp. |
4,256,487 |
2.88 |
$232,446,755 |
| Goldman Sachs Group Inc. |
4,076,582 |
2.76 |
$222,622,143 |
| Gardner Russo & Gardner |
3,261,964 |
2.21 |
$178,135,854 |
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Source: TheDeal.com |
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