Franklin Resources trims stake to 3.9% in Family Dollar Stores

By E. Janene Geiss

Philadelphia, Feb. 6 - Franklin Resources, Inc. decreased its investment to 3.9% in Family Dollar Stores, Inc. as of Dec. 31, according to an SC 13G/A filing with the Securities and Exchange Commission.

That represents a passive stake of 5,514,068 shares.

Those holdings are down from the passive stake of 5.8%, or 8,172,300 shares, that the investor reported owning on Dec. 31, 2007, according to another SC 13G/A filing.

Family Dollar is Charlotte, N.C., chain of self-service discount retail stores.

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