Mutual fund takes position in company
Tuesday, Feb. 22, 2000 | 10:32 a.m.
A mutual fund operated by Fidelity last week reported a stake in Las Vegas-based Lady Luck Gaming Corp.
Fidelity reported holdings of 300,000 shares, or 6.1 percent, of Lady Luck in a filing with the Securities and Exchange Commission. It was the first ownership filing by Fidelity.
The filing indicated the shares are controlled by Fidelity's Low-Priced Stock Fund.
Lady Luck has agreed to be acquired by Isle of Capri Casinos Inc. of Biloxi, Miss., for $12 per share in cash.
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