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Prides Capital sells shares of Hanger Orthopedic
By Lisa Kerner
Charlotte, N.C., Jan. 17 - Hanger Orthopedic Group, Inc. investors led by Prides Capital Partners, LLC sold 355,900 shares of the company's stock between Jan. 2 and Jan. 15 priced from $10.27 to $11.00 each.
The reporting persons own 1,066,500 shares, or 4.7%, of the company's outstanding stock, according to a schedule 13D filing with the Securities and Exchange Commission.
On Aug. 7, Prides Capital reported a 6.1% stake in Hanger.
Based in Bethesda, Md., Hanger owns and operates orthotic and prosthetic patient-care centers in the United States.
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