Friday, January 18, 2008

Leucadia Again Buys Options on AmeriCredit

In an SEC filing moments ago Leucadia (LUK) increased its position in AmeriCredit (ACF)

Leucadia purchased options that expire 3/14/08 on 1.25 million Americredit shares.

The options have an exercise price of $9 a share. Leucadia now holds options on 2.25 million shares all exercisable at $9 a share.

Disclosure ("none" means no position): Admiration for Leucadia, None

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