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Eminence Capital reports 9.3% ownership interest in Napster
By Lisa Kerner
Charlotte, N.C., May 27 - Investors led by Eminence Capital, LLC bought 342,272 shares of Napster, Inc. on May 22 for $1.54 each, according to a schedule 13D filed with the Securities and Exchange Commission.
Eminence beneficially owns 4,275,838 shares, or 9.3%, of the Los Angeles online music company.
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