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Prospect News home > News index > List of issuers P > Headlines for Physicians Formula Holdings, Inc. > News item |
Aberdeen Asset lowers stake in Physicians Formula to less than 5%
By E. Janene Geiss
Philadelphia, Jan. 8 - Aberdeen Asset Management plc cut its equity investment to less than 5% in Physicians Formula Holdings, Inc. as of Jan. 7, according to an SC 13G/A filing with the Securities and Exchange Commission.
Those holdings are down from the passive stake of 8.97%, or 1,265,816 shares, that Aberdeen Asset reported on Jan. 10, 2008.
Physicians Formula is Azusa, Calif., maker of cosmetics.
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