August 7, 2017 / 8:17 AM / 2 years ago

U.S. hedge fund King Street Capital holds 5.81 pct in Toshiba -filing

TOKYO, Aug 7 (Reuters) - U.S. hedge fund King Street Capital Management owned a stake of 5.81 percent in Toshiba Corp as of July 31, according to a Japanese securities filing by the fund.

King Street Capital bought the stake for investment purposes, the filing said.

Shares in Toshiba jumped 6 percent on Monday following media reports that the firm may gain a partial endorsement from its auditor for its annual financial results after disagreements over accounting for the much of the year. (Reporting by Makiko Yamazaki; Editing by Muralikumar Anantharaman)

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