Qcp Gp Investors Ii Llc Reported reduced Interest in DHI Group Inc (NYSE:DHX)
Qcp Gp Investors Ii Llc filed with SEC a SC 13D/A form about Dhi Group, Inc. The form can be accessed here: 000095014215002593. As reported by Qcp Gp Investors Ii Llc, the filler decreased its stake in the stock by -100.66% for 2,483,661 shares. Qcp Gp Investors Ii Llc currently owns 4.7% of the Information Technology- stock. This ownership filing was filed because activity on December 8, 2015.
Reasons Why Qcp Gp Investors Ii Llc Holds DHI Group Inc (NYSE:DHX)
Purpose of Transaction
Item 4 is hereby amended and restated in its entirety as follows:
Please see Item 6, which is incorporated herein by reference.
Effective December 8, 2015, Quadrangle Capital Partners II LP distributed-in-kind, without consideration, 2,195,616 shares of Common Stock pro rata to its general and limited partners, Quadrangle Select Partners II LP distributed-in-kind, without consideration, 58,319 shares of Common Stock pro rata to its general and limited partners and Quadrangle Capital Partners II-A LP distributed-in-kind, without consideration, 246,065 shares of Common Stock pro rata to its general and limited
CUSIP No. 253017107 | SCHEDULE 13D |
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partners.
The Shares to which this Schedule 13D relates were acquired by the Reporting Persons for general investment purposes. The Reporting Persons intend to review their holdings in the Company on a continuing basis and, depending upon the price and trading volume of the Company securities, subsequent developments affecting the Company, the business prospects of the Company, general stock market and economic conditions, tax considerations and other factors deemed relevant, may consider decreasing or holding their investment in the Company.
Except as set forth in this Statement, none of the Reporting Persons has any plan or proposals that relate to or would result in any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.
Business Profile
DHI Group, Inc, formerly Dice Holdings, Inc.,is a provider of Websites focused on select professional communities. Through its online communities, professionals can manage their careers by finding relevant job opportunities and by building their knowledge through original and community-shared content. The Company’s segments include: Tech & Clearance, Finance, Energy, Healthcare, Hospitality and Corporate & Other. Its Tech & Clearance segment consists of the Dice.com, ClearanceJobs.com, and the IT Job Board services, as well as Targeted Job Fairs. Its Finance segment represents the eFinancialCareers service worldwide. Its Energy segment consists of Rigzone and OilCareers. The Healthcare segment includes HEALTHeCAREERS and BioSpace. Its Hospitality segment includes Hcareers. Its Corporate & Other segment consists of Slashdot Media, WorkDigital and corporate-related costs.
SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.
About 531,450 shares traded hands or 39.36% up from the average. DHI Group Inc (NYSE:DHX) has risen 14.91% since May 8, 2015 and is uptrending. It has outperformed by 17.93% the S&P500.
Out of 5 analysts covering Dice Holdings (NYSE:DHX), 0 rate it “Buy”, 0 “Sell”, while 5 “Hold”. This means 0% are positive. Dice Holdings was the topic in 4 analyst reports since August 31, 2015 according to StockzIntelligence Inc. Avondale upgraded the stock on December 2 to “Mkt Outperform” rating.
More notable recent DHI Group Inc (NYSE:DHX) news were published by: Prnewswire.com which released: “DHI Group, Inc. Announces Distribution of Common Stock by Investors” on December 08, 2015, also Prnewswire.com with their article: “DHI Group, Inc. Refinances Credit Facilities, Extending Maturity by Two Years” published on November 30, 2015, Staffingindustry.com published: “Dice changes name to DHI Group Inc.” on April 21, 2015. More interesting news about DHI Group Inc (NYSE:DHX) were released by: Prnewswire.com and their article: “DHI Group, Inc. to Report Third Quarter 2015 Results” published on October 14, 2015 as well as Prnewswire.com‘s news article titled: “DHI Group, Inc. Reports Third Quarter 2015 Results” with publication date: October 28, 2015.
According to Zacks Investment Research, “DHI Group, Inc. offer specialized websites which focused on select professional communities. The Company’s operating segment consists of Tech & Clearance, Finance, Energy, Healthcare, Hospitality and Corporate & Other. Tech & Clearance segment consists of the Dice.com, ClearanceJobs.com and The IT Job Board services as well as related career fairs. Finance segment represents the eFinancialCareers service. Energy reporting segment provides the Rigzone service and related career fairs. Healthcare segment includes HEALTHeCAREERS, Health Callings and BioSpace. Hospitality segment includes Hcareers and the Corporate. Other reporting segment consists of Slashdot Media, WorkDigital and corporate-related costs. DHI Group, Inc., formerly known as Dice Holdings, Inc., is headquartered in New York.” Get a free copy of the Zacks research report on DHI Group Inc (DHX).
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