Harbinger buys more shares of Motient

By Lisa Kerner

Charlotte, N.C., June 20 -Motient Corp. investors led by Harbinger Capital Partners Master Fund I, Ltd. purchased 1,583,313 shares of the company's common stock priced from $11.20 to $12.25 per share between June 6 and June 8, according to a schedule 13D filing with the Securities and Exchange Commission.

Harbinger Capital-led investors beneficially own 27,856,516 shares, or 30.2%, of the Lincolnshire, Ill., mobile satellite services company.

The investors reported a 28.5% stake on May 30 and a 19.4% stake in the company on April 19.

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