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Pirate Capital sells 130,000 Angelica shares
New York, May 25 - Angelica Corp. shareholder Pirate Capital LLC sold 130,000 shares for a total of $3.36 million.
Following the transactions, Pirate owns 1,085,147 shares for an 11.4% stake, according to a schedule 13D/A filing with the Securities and Exchange Commission.
The sales took place from April 11 to May 22 at prices ranging from $24.50 to $28.69.
Angelica is a Chesterfield, Mo.-based provider of textile rental and linen management services principally to the health care industry.
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