Radio One shareholder sells 1.61 million shares, reduces stake to 7.7%

By Lisa Kerner

Charlotte, N.C., Nov. 10 - Radio One, Inc. investors led by Fine Capital Partners, LP sold 1,612,398 shares of the company's stock between Nov. 2 and Nov. 9 priced from $1.80 to $2.46 per share, according to a schedule 13D/A filed with the Securities and Exchange Commission on Tuesday.

Fine beneficially owns 3,505,500 shares, or 7.7%, of the Washington, D.C.-based broadcasting company.

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