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Sleep, Zakaria cuts stake to 2.55% in Umpqua Holdings
By E. Janene Geiss
Philadelphia, Jan. 23 - Sleep, Zakaria & Co. Ltd. lowered its investment to 2.55% in Umpqua Holdings Corp. as of Dec. 31, according to an SC 13G/A filing with the Securities and Exchange Commission.
That represents a passive stake of 1,534,000 shares.
Those holdings are down from the passive stake of 5.08%, or 3.05 million shares, that the investor reported owning as of May 22, 2008, according to an SC 13G filing.
Umpqua is a financial holding company based in Portland, Ore.
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