National Bank of Canada reports stake of 7.7% in Magnetek

By E. Janene Geiss

Philadelphia, Nov. 19 - National Bank of Canada reported an investment of 7.7% in Magnetek, Inc. as of Nov. 10, according to an SC 13G filing with the Securities and Exchange Commission.

The bank's holdings represent a passive stake of 2,360,186 shares.

Magnetek manufactures and sells digital power control systems used to control motion and power in material handling, people moving, telecommunications and energy delivery applications.

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