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Moneygram shareholder Blum Capital increases ownership to 21.4%
By Lisa Kerner
Charlotte, N.C., Jan. 2 - Moneygram International, Inc. investors led by Blum Capital Partners, LP bought 817,145 shares of the company's stock between Dec. 9 and Dec. 30, according to a schedule 13D/A filed with the Securities and Exchange Commission.
The shares were priced from $0.98 to $0.9989 each.
In a prior SEC filing, Blum reported the purchase of 1,173,136 shares of the company's stock between Nov. 20 and Dec. 5.
Blum beneficially owns 17,661,738 shares, or 21.4%, of the Minneapolis-based payment services provider.
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