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Aberdeen Asset Management decreases passive stake in RAM Energy
By E. Janene Geiss
Philadelphia, Dec. 2 - Aberdeen Asset Management plc decreased its investment to 5% or less in RAM Energy Resources as of Dec. 1, according to an SC 13G/A filing with the Securities and Exchange Commission.
That passive stake is down from holdings of 5.79%, or 3,526,271 shares, that the company reported owning on Jan. 10, according to an SC 13G filing.
RAM is a Tulsa, Okla.-based independent oil and gas company.
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