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Bank of New York Mellon slashes stake to 1.41% in Gymboree
By E. Janene Geiss
Philadelphia, Feb. 13 - The Bank of New York Mellon Corp. decreased its investment to 1.41% in Gymboree Corp. as of Dec. 31, according to an SC 13G/A filing with the Securities and Exchange Commission.
That represents a passive stake of 411,510 shares.
Those holdings are down from the passive stake of 5.08%, or 1,456,473 shares, that the investor reported on Dec. 31, 2007, according to an SC 13G filing.
Gymboree is a San Francisco specialty retailer of children's apparel and play programs.
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