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Published on 12/7/2007 in the Prospect News Special Situations Daily.

Harbinger sells more shares of GeoEye

By Lisa Kerner

Charlotte, N.C., Dec. 7 - GeoEye, Inc. investors led by Harbinger Capital Partners Master Fund I, Ltd. sold 242,937 shares of the company's stock, reducing their stake in the company to 6.3% from 7.6%.

The shares were sold between Nov. 30 and Dec. 6 and priced from $30.32 to $32.29 each, according to a schedule 13D filing with the Securities and Exchange Commission.

The reporting persons own 1,163,587 shares of the Birmingham, Ala.-based company.

On July 5, Harbinger reported a 34.2% stake in GeoEye, which sells remote-sensing technologies and satellite imagery.


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