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Hewitt Associates shareholder sells more than 1 million shares
By Lisa Kerner
Charlotte, N.C., July 21 - General Atlantic LLC reduced its stake in Hewitt Associates, Inc. to 4.5% with the sale of 1,021,368 shares of the company's stock between June 19 and July 17.
The shares were priced from $29.53 to $30.20 each, according to a schedule 13D/A filed on Tuesday with the Securities and Exchange Commission.
Between June 5 and June 18, General Atlantic sold 1,205,181 shares of the company's stock priced from $29.00 to $30.13 each, a prior SEC filing said.
General Atlantic beneficially owns 4,249,984 shares of the Lincolnshire, Ill., human resources outsourcing and consulting services company.
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