	hunt group has comdata stake seeks influence an investor group led by members of the hunt family of dallas texas told the securities and exchange commission it has uired a pct stake in comdata network inc cdn and may try to influence company policy the investor group led by rosewood financial inc said it opposes a company recapitalization plan worked out between comdata and mason best co a texas investment firm which last reported holding about pct of the company s stock the hunt group said it offered on march to buy the entire pct stake held by dissident shareholder donald carter at dlrs each but has received no reply as of yesterday rosewood which is owned by the caroline hunt trust estate whose trustees include margaret hunt hill also said it has notified the federal trade commission of its intent to buy between and pct of comdata s common stock under federal law it cannot buy more than pct of comdata s stock until a to day waiting period is over unless the ftc gives it early approval under the proposed comdata recapitalization plan the company would buy up to mln of its common shares at dlrs each mason best which belongs to cni parnters a texas partnership would not tender any of its stake under the plan but would instead buy another one mln comdata common shares and would get representation on the company s board the hunt group said it has told comdata that it considers required payments under the plan such as a mln dlr fee and the issuance of a warrant to buy common shares to be a waste of the company s assets the hunt group which also includes securities texas firms cypress partners l p and driftwood ltd said it spent mln dlrs on its comdata common shares reuter 
