Prides Capital sells shares back to QC Holdings

By Lisa Kerner

Charlotte, N.C., April 2 - Investors led by Prides Capital Partners, LLC sold 500,000 shares of QC Holdings, Inc. stock to the company for $8.85 per share on March 31.

The transaction was reported in a schedule 13D filing with the Securities and Exchange Commission.

The investors beneficially own some 1.8 million shares, or 9.9%, of the Overland, Kan., payday loan company.

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