ITC DELTACOM INC 4
4 · ITC DELTACOM INC · Filed Dec 14, 2010
Insider Transaction Report
Form 4
ITC DELTACOM INCITCD.OB
TENNENBAUM CAPITAL PARTNERS LLC
10% Owner
Transactions
- Disposition to Issuer
Common Stock
2010-12-08$3.00/sh−12,634,285$37,902,855→ 0 total(indirect: See Footnote)
Footnotes (2)
- [F1]Disposed pursuant to a merger agreement, dated as of October 1, 2010, by and among EarthLink, Inc., Egypt Merger Corp. and the Issuer.
- [F2]Special Value Absolute Return Fund, LLC ("SVAR") was the holder of 623,647 shares of Common Stock. Special Value Continuation Partners, LP ("SVCP") was the holder of 10,890,069 shares of Common Stock. Tennenbaum Opportunities Partners V, LP ("TOP V") was the holder of 1,120,569 shares of Common Stock. By reason of the position of Tennenbaum Capital Partners, LLC ("TCP") as the investment advisor to SVAR, SVCP, and TOPV, TCP had the power of voting and disposition of the Common Stock held by SVAR, SVCP, and TOPV.