Rural/Metro investor Accipiter Capital reduces ownership to 5.99%

By Lisa Kerner

Charlotte, N.C., Nov. 18 - Accipiter Life Sciences Fund, LP reported a 5.99% stake in Rural/Metro Corp. following a series of share sales between Oct. 27 and Nov. 18, according to a schedule 13D/A filed on Wednesday with the Securities and Exchange Commission.

Between Sept. 9 and Oct. 5, the investor sold 769,867 shares, a prior SEC filing said.

Accipiter and its affiliates beneficially own 1,491,067 shares of the Scottsdale, Ariz., medical transportation company.

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