A Connecticut-based hedge fund has bought up a major stake in Columbia-based Duratek Inc., becoming the largest shareholder in the radioactive and hazardous waste management company, according to recent financial filings with the Securities and Exchange Commission.
Tontine Capital Partners LP controls 1.92 million shares out of 14.86 million outstanding, or almost 13 percent, with 342,500 shares purchased in a little over a month.
