Global Cash investor ValueAct sells 800,000 shares, keeps 6.3% stake

By Lisa Kerner

Charlotte, N.C., May 26 - ValueAct SmallCap Master Fund, LP sold 800,000 shares of Global Cash Access Holdings, Inc. between May 14 and May 18 priced at $6.89 and $6.93 per share, the investor reported in a schedule 13D/A filed with the Securities and Exchange Commission on Tuesday.

Between May 1 and May 6, ValueAct sold 1,824,722 shares and kept a 7.4% ownership interest, according to a prior SEC filing.

The fund beneficially owns 4,944,452 shares, or 6.3%, of the Las Vegas-based company's outstanding stock.

Las Vegas-based Global Cash provides cash access products and related services to the gaming industry.

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