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Blum Capital buys more than 1 million additional shares of Moneygram International
By Lisa Kerner
Charlotte, N.C., Nov. 20 - Moneygram International, Inc. investors led by Blum Capital Partners, LP bought 1,041,992 shares of the company's stock between Nov. 13 and Nov. 18, according to a schedule 13D/A filed with the Securities and Exchange Commission.
The shares were priced from $0.8917 to $1.0004 each.
In a prior SEC filing, Blum reported the purchase of 3,624,000 shares of the company's stock between Oct. 27 and Nov. 12.
Blum beneficially owns 16,056,435 shares, or 19.4%, of the Minneapolis-based payment services provider.
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