Crescendo Investments owns 10.3% of Mothers Work after latest stock purchase

By Lisa Kerner

Charlotte, N.C., Jan. 10 - Mothers Work, Inc. investors led by Crescendo Investments II, LLC bought an additional 86,400 shares of the company's stock, raising their ownership of the company to 10.3% from 8.8%.

The shares were purchased between Jan. 2 and Jan. 9 priced between $16.24 and $17.25 each, according to a schedule 13D filing with the Securities and Exchange Commission.

The reporting persons own 612,982 shares of the Philadelphia maternity wear retailer's outstanding stock.

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