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ValueAct ups stake in Warner Chilcott
By Lisa Kerner
Charlotte, N.C., Feb. 22 - Warner Chilcott Ltd. investor ValueAct Capital Master Fund LP and its affiliates increased their stake in the company with the purchase of 3,864,861 shares of common stock for approximately $55.6 million, according to a schedule 13D filing with the Securities and Exchange Commission.
ValueAct is now the beneficial owner of 13,585,421 shares, or 5.5%, of the Rockaway, N.J., specialty pharmaceutical company's outstanding shares.
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