I heard they were going down in Nov.
What surprised me was that Ricardo Pliego, whose Grupo Salinas owns a chain of electronics stores in Latin America and Mexican broadcast channel TV Azteca, among other properties, bought 5.3 million shares Nov. 12 for 22 cents per share (for a total of $1.1 million), 19.8 million shares Nov. 13 for 24 cents ($4.7 million), and 5.2 million shares Nov. 14 for 26 cents ($1.3 million), according to regulatory filings.
That makes him the majority stock holder, nothing has been said on his plans though.
