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Online Resources shareholder Tennenbaum Capital buys 365,500 shares
By Lisa Kerner
Charlotte, N.C., Dec. 10 - Tennenbaum Capital Partners, LLC bought 365,500 shares of Online Resources Corp. stock between Nov. 19 and Dec. 8 priced from $5.26 and $5.6663 each, according to a schedule 13D/A filed with the Securities and Exchange Commission on Thursday.
Between Nov. 2 and Nov. 4, Tennenbaum bought 450,000 shares priced from $4.9742 to $5.3831 each, a prior SEC filing said.
The investor beneficially owns 8,432,970 shares or 24.3% of the Chantilly, Va.-based web-based financial services company.
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