ValueAct buys more than 1.5 million Alliance Data shares

By Angela McDaniels

Tacoma, Wash., July 21 - Alliance Data Systems Corp. investors led by ValueAct Capital Master Fund, LP purchased 1,532,002 shares of the company's stock between June 26 and July 15.

The shares were purchased for $49.92 to $56.46 each, according to a schedule 13D filing with the Securities and Exchange Commission.

The reporting persons beneficially own 4,706,620 shares, or 5.9%, of the Dallas-based marketing, loyalty and transaction services company's common stock.

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