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Harbinger continues to sell shares of Media General, reduces interest to 15.52%
By Lisa Kerner
Charlotte, N.C., Nov. 21 - Investors led by Harbinger Capital Partners Special Situations Fund, LP sold 255,500 shares of Media General, Inc. on Nov. 19 and Nov. 20 priced from $2.10 to $3.3569 each.
The transactions were reported in a schedule 13D/A filed with the Securities and Exchange Commission.
Between Nov. 10 and Nov. 18, Harbinger sold 353,770 shares at prices from $4.22 to $6.50 each, a prior SEC filing said.
Harbinger beneficially owns 3,449,184 shares, or 15.52%, of the Richmond, Va., communications company.
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