Oliver Press continues to invest in Emageon

By Lisa Kerner

Charlotte, N.C., April 2 - Investors led by Oliver Press Partners, LLC increased their ownership stake in Emageon Inc. to 16.6% from 13.2% with the purchase of 322,500 additional shares, according to a schedule 13D/A filing with the Securities and Exchange Commission.

The shares were acquired between March 18 and March 30 priced from $2.11 to $2.31 for a total of $728,480, the filing stated.

The investors now own a total of 3,569,360 common shares of Emageon.

Based in Birmingham, Ala., Emageon provides software for the health-care industry.

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