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Third Point sells more than 1 million shares of Flow International
By Lisa Kerner
Charlotte, N.C., Sept. 9 - A group of Flow International Corp. investors led by Third Point LLC sold 1,075,100 shares of the company's stock but kept a 9.98% ownership interest.
The shares were sold between July 31 and Sept. 9 priced from $6.66 to $6.79 per share, according to a schedule 13D filing with the Securities and Exchange Commission.
Third Point beneficially owns 3.85 million shares of Flow.
Based in Kent, Wash., Flow develops and manufactures high-pressure water jet technology equipment used for cutting, cleaning and food-safety applications.
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