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Highland Capital reports 6.5% stake in Leap Wireless
By Lisa Kerner
Charlotte, N.C., May 31 - Leap Wireless International, Inc. investors led by Highland Capital Management LP sold 293,000 shares of the company's stock from May 23 to May 29 priced from $84.89 to $85.68 per share.
The reporting persons beneficially own 4,392,081 shares, or 6.5%, of the San Diego-based wireless services company's outstanding stock, according to a schedule 13D filing with the Securities and Exchange Commission.
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