Harbinger's stake in Motient back up at 29.7%

By Lisa Kerner

Charlotte, N.C., June 12 - Motient Corp. investors led by Highland Capital Management, LP purchased 1,593,313 shares of the company's common stock between June 6 and June 8, priced from $11.20 to $12.25 per share, according to a schedule 13D filing with the Securities and Exchange Commission.

Highland beneficially owns 27,327,063 shares, or 29.7%, of the Lincolnshire, Ill., mobile satellite services company.

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