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Prospect News home > News index > List of issuers O > Headlines for Online Resources Corp. > News item
Published on 8/5/2008 in the Prospect News Special Situations Daily.

Tennenbaum Capital buys 974,000 shares of Online Resources

By Lisa Kerner

Charlotte, N.C., Aug. 5 - Tennenbaum Capital Partners, LLC acquired 974,000 shares of Online Resources Corp. for $6,626,122, or $6.803 per share, on July 31.

With the purchase, Tennenbaum has a 22.3% ownership interest in the Chantilly, Va.-based web-based financial services company, according to a schedule 13D filed with the Securities and Exchange Commission.


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