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Phoenix Technologies investor Ramius ups ownership interest to 13.4%
By Lisa Kerner
Charlotte, N.C., Nov. 5 - A group of shareholders led by Ramius Value and Opportunity Master Fund Ltd. bought 510,535 shares of Phoenix Technologies Ltd. between Nov. 3 and Thursday.
The shares were priced from $2.32 to $2.66 each, according to a schedule 13D/A filed on Monday with the Securities and Exchange Commission.
Between Sept. 1 and Nov. 2, Ramius bought 3,800,500 shares for an 11.8% stake, a prior SEC filing said.
Ramius beneficially owns 4,678,578, or 13.4%, of the Milpitas, Calif., computer software company's shares.
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