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Discovery Group Ups Given Imaging Stake to 3.7% of the Company

Discovery Group: Given Imaging Ltd. (NASDAQ:GIVN) recently got upgraded in the equity portfolio of Discovery Group I, which disclosed ownership of almost 1.18 million shares of the company, from the previously owned amount of 1.15 million shares. The position currently represents 3.7% of the company and has a value of $23.1 million. At the same time, Discovery Group revealed its letter sent to Given Imaging’s Board in which it urges the company to initiate a $50 million repurchase or dividend and to find a buyer for the company.

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