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Shamrock buys more shares of Websense
By Lisa Kerner
Charlotte, N.C., Jan. 16 - Investors led by Shamrock Activist Value Fund, LP continued to build their stake in Websense Inc. with the purchase of an additional 547,500 shares of the company's stock.
With the purchase, the investors increased their stake in the company to 7.30% from 6.09%.
The shares were purchased between Dec. 14 and Jan. 15 for about $9.2 million, or an average of $16.80 per share, according to a schedule 13D filing with the Securities and Exchange Commission.
Shamrock beneficially owns 3,311,965 shares of the San Diego web filtering solutions company.
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