Courtesy of Benzinga.
Harbinger Group (NYSE: HRG) announced that it acquired in open market purchases on the New York Stock Exchange on August 31, 2011, an aggregate of 62,000 common shares of North American Energy Partners (NYSE: NOA) at a price of $6.18 per Share. These 62,000 Shares represented approximately 0.17% of the outstanding Shares. Together with the Shares previously acquired by the Company, the Company holds an aggregate of 5,197,720 Shares, representing approximately 14.34% of the outstanding Shares. All Shares owned by the Company are held in the name of HGI Funding, a Delaware limited liability company and a direct wholly-owned subsidiary of the Company.
