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O'Sullivan sells more shares of Primus Telecommunications
By Lisa Kerner
Charlotte, N.C., June 16 - Primus Telecommunications Group, Inc. investor Sean O'Sullivan sold a total of 807,348 shares of the company's stock between June 3 and June 11 for a total of $339,086, or $0.42 per share.
According to a schedule 13D filing with the Securities and Exchange Commission, O'Sullivan beneficially owns 13,135,000 shares, or 9.2%, of the McLean, Va.-based integrated communications services company's outstanding stock.
O'Sullivan, in a prior SEC filing, reported a 9.8% ownership interest following the sale of 160,400 shares of the company's stock from May 20 through May 22 for a total of $48,120, or $0.30 per share.
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