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Media General shareholder Harbinger sells shares, reduces ownership interest to 4.03%
By Lisa Kerner
Charlotte, N.C., Dec. 11 - Investors led by Harbinger Capital Partners Master Fund I, Ltd. sold 635,757 shares of Media General, Inc. on Dec. 9 and Dec. 10 at prices from $1.65 to $1.843 each.
The transactions were reported in a schedule 13D/A filed with the Securities and Exchange Commission.
Harbinger reported the sale of 288,107 shares of Media General on Nov. 26 and Dec. 4 priced from $1.60 to $1.76 each in a prior SEC filing.
The investors beneficially own 895,371 shares, or 4.03%, of the Richmond, Va., communications company.
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