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Relational Investors ups stake in National Semiconductor to 12.13%
By Lisa Kerner
Charlotte, N.C., May 8 - National Semiconductor Corp. investors led by Relational Investors, LLC purchased 3,952,800 shares of the company's stock between May 1 and May 8 priced from $26.48 to $27.35 per share, according to a schedule 13D filing with the Securities and Exchange Commission.
Relational Investors beneficially owns 38,024,939 shares, or 12.13%, of the Santa Clara, Calif., semiconductor products company.
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