mariner ceo, page-11

Hi Bob
I can refer you to some announcements made today, indicating Stanfield presently holding around 19-20% of Mariner. This relates to SFN taking a being largely responsible for the initial recapitalisation of Mariner and choosing to remain below the 20% takeover threshhold. There may be arbitrage opportunities between the two companies because of this relationship, but it must also be said each company has their own different position in the market, with Stanfield concentrating on fund management and Mariner having somewhat larger scope to consider small cap opportunities generally.
Hope this answers your query.
Kind regards
Darren