(BFW) Gilat Says Fimi Agrees to Buy Stake From York at $5/Shr

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Gilat Says Fimi Agrees to Buy Stake From York at $5/Shr 2014-02-04 11:09:36.530 GMT

By Cristin Flanagan Feb. 4 (Bloomberg) -- Gilat says Fimi to hold 23.2% stake after deal. * Per-shr price is 8% premium to yday close in NY * NOTE: GILT largest holders as of Jan. 29: * York Capital with 19% * Fimi 2007 with 18% * Phoenix Provident Funds 5.8% * NOTE: Feb. 3, El Al Gains on Talks of Fimi Premium Investment: Tel Aviv Mover

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--Editor: Cristin Flanagan

To contact the reporter on this story: Cristin Flanagan in New York at +1-212-617-8919 or cflanagan1@bloomberg.net

To contact the editor responsible for this story: Joanna Ossinger at +1-212-617-7789 or jossinger@bloomberg.net