Hewitt Associates shareholders sell more than 1.2 million shares

By Lisa Kerner

Charlotte, N.C., June 17 - General Atlantic LLC reduced its stake in Hewitt Associates, Inc. to 5.6% with the sale of 1,205,181 shares of the company's stock between June 5 and June 18.

The shares were priced from $29.00 to $30.13 each, according to a schedule 13D/A filed on Thursday with the Securities and Exchange Commission.

Between May 11 and June 2, General Atlantic sold 1,045,724 shares priced from $29.20 to $31.57 each, a prior SEC filing said.

General Atlantic beneficially owns 5,271,352 shares of the Lincolnshire, Ill., human resources outsourcing and consulting services company.

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