Thursday, June 7, 2007

Teton Energy (TEC)

Shareholder activism doesn't necessarily need to center upon the large cap companies of the world. Teton Energy (TEC), with a market cap of $81.5 mln, is feeling the pressure from a small outfit called First NY which has ties to bigger operators in the LBO world.

This 13D SEC filing is way under the radar, but interesting, indeed: Item 4 is especially noteworthy, as is Exhibit B.

I have no position.

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