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Blum Capital reports 9.3% stake in Moneygram
By Angela McDaniels
Tacoma, Wash., Dec. 6 - Moneygram International, Inc. investors led by Blum Capital Partners, LP purchased 1,249,400 shares of the company's stock between Nov. 19 and Dec. 4.
The shares were purchased for $13.98 to $14.90 each, according to a schedule 13D filing with the Securities and Exchange Commission.
The reporting persons have beneficial ownership of 7,678,800 shares, or 9.3%, of the company's stock.
Moneygram is a Minneapolis-based payment services company.
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