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National Bank of Canada cuts stake to 4.8% in Alliance Semiconductor
By E. Janene Geiss
Philadelphia, Dec. 12 - National Bank of Canada cut its investment to 4.8% in Alliance Semiconductor Corp. as of Nov. 21, according to an SC 13G/A filing with the Securities and Exchange Commission.
That represents a passive stake of 1.6 million shares.
Those holdings are down from the passive stake of 7.1%, or 2,331,361 shares, reported on Nov. 10, according to an SC 13G filing.
Alliance Semiconductor, based in Santa Clara, Calif., does not have significant operations.
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