Rural/Metro shareholder ups stake in company to 12.98%

By Lisa Kerner

Charlotte, N.C., June 26 - Rural/Metro Corp. investors led by Accipiter Life Sciences Fund, LP purchased 690,000 shares of the company's stock on June 22 priced from $6.15 to $6.29 per share, according to a schedule 13D filing with the Securities and Exchange Commission.

The reporting persons beneficially own 3,203,198 shares, or 12.98%, of the Scottsdale, Ariz., medical transportation company's outstanding stock.

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