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Parche increases ownership of Vertrue stock to 5.4%
By Lisa Kerner
Charlotte, N.C., June 11 - Vertrue Inc. shareholders led by Parche, LLC purchased 297,920 shares of the company's stock between April 12 and June 8, priced from $46.95 to $48.25, according to a schedule 13D filing with the Securities and Exchange Commission.
The reporting persons beneficially own 522,400 shares, or 5.4%, of the Norwalk, Conn., internet direct marketing services company's outstanding stock.
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