Steel Partners reports share purchases, 11.4% stake in Selectica

By Lisa Kerner

Charlotte, N.C., July 9 - A group of Selectica, Inc. shareholders led by Steel Partners II, LP increased their ownership interest to 11.4% from 10.2% with the purchase of 198,566 shares of the company's common stock between May 29 and July 3, it was reported in a schedule 13D filing with the Securities and Exchange Commission.

The shares were priced from $1.16 to $1.36 each, the filing stated.

The investors own approximately 3.25 million shares of the San Jose, Calif., internet software development company.

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