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Harbinger sells more shares of GeoEye
By Lisa Kerner
Charlotte, N.C., March 10 - GeoEye, Inc. investors led by Harbinger Capital Partners Master Fund I, Ltd. sold 78,600 shares of the company's stock on March 6 and March 7 priced at $22.53 and $24.10.
The investors beneficially own 913,350 shares or 4.9% of the company's stock, according to a schedule 13D filing with the Securities and Exchange Commission.
Harbinger reported a 6.3% stake in the company on Dec. 7.
GeoEye, based in Birmingham, Ala., sells remote-sensing technologies and satellite imagery.
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