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Bay Harbour ups stake in M&F Worldwide to 7.84%
By Lisa Kerner
Charlotte, N.C., Sept. 6 - M&F Worldwide Corp. investors led by Bay Harbour Management, LC purchased 295,000 shares of the company's stock between July 31 and Aug. 31 priced from $50.45 to $56.36 each.
The transactions were reported in a schedule 13D filing with the Securities and Exchange Commission.
Bay Harbour beneficially owns 1,672,112 shares of the company, or 7.84% of its outstanding shares.
M&F Worldwide is the New York-based parent company of Clarke American and offers marketing services and products to customers of financial institutions.
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