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Harbinger sells more shares of GeoEye
By Lisa Kerner
Charlotte, N.C., Dec. 7 - GeoEye, Inc. investors led by Harbinger Capital Partners Master Fund I, Ltd. sold 242,937 shares of the company's stock, reducing their stake in the company to 6.3% from 7.6%.
The shares were sold between Nov. 30 and Dec. 6 and priced from $30.32 to $32.29 each, according to a schedule 13D filing with the Securities and Exchange Commission.
The reporting persons own 1,163,587 shares of the Birmingham, Ala.-based company.
On July 5, Harbinger reported a 34.2% stake in GeoEye, which sells remote-sensing technologies and satellite imagery.
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