SAN FRANCISCO Ronald O. Perelman, the New York financier whose holdings include 27.5% of Golden State Bancorp, has sold three million of his shares in the company, according to a filing with the Securities and Exchange Commission.
Golden State made the filing on behalf of Mr. Perelman and the companies through which he holds his stake.
The San Francisco-based thrift told the SEC on Dec. 13 that Mr. Perelman and his companies have sold the shares, worth $82 million, via a forward sale transaction through Credit Suisse First Boston Corp.
The shares represented a 2.2% stake in Golden State the holding company for $61 billion-asset California Federal and half the shares Mr. Perelmans companies registered to sell in late November.
In the filing Golden State said that he planned to sell the remainder via a later forward sale.
Separately, Mr. Perelman has been working to resuscitate flagging companies in which he has positions, such as Revlon Corp., of which he owns a majority stake, and Sunbeam Corp.