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Marathon sells shares of Flagstone Reinsurance, keeps 5.9% interest
By Lisa Kerner
Charlotte, N.C., Sept. 9 - Marathon Asset Management, LP sold 322,198 shares of Flagstone Reinsurance Holdings Ltd. between Aug. 12 and Aug. 19 priced from $10.9789 to $11.2554, according to a schedule 13D/A filed with the Securities and Exchange Commission on Wednesday.
The investor beneficially owns 5,041,177 shares, or 5.9%, of the Hamilton, Bermuda-based reinsurance and insurance company.
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