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Southeastern Asset Management sells shares of Telephone & Data Systems
By Lisa Kerner
Charlotte, N.C., Feb. 20 - Southeastern Asset Management, Inc. sold 138,000 shares of Telephone & Data Systems, Inc. stock between Dec. 20 and Feb. 7, keeping a 28.7% ownership interest in the company.
The shares were priced from $44.86 to $58.97 each.
Southeastern Asset Management beneficially owns 16,816,947 shares of the Chicago telecommunications company's outstanding stock.
The transactions were reported in a schedule 13D filing with the Securities and Exchange Commission.
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