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Published on 10/6/2008 in the Prospect News Special Situations Daily.

Parche cuts stake in Kensey Nash to 12.3%

By Lisa Kerner

Charlotte, N.C., Oct. 6 - Investors led by Parche, LLC cut their stake in Kensey Nash Corp. to 12.3% from 13.9% with the sale of 207,895 shares.

The shares were sold between Aug. 28 and Oct. 3 at prices from $31.2274 to $35.999, according to a schedule 13D/A filing with the Securities and Exchange Commission.

The investors own 1,460,345 shares of the Exton, Pa., medical technology company.


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