Microtune shareholder Ramius buys 2.46 million shares for 6.9% stake

By Lisa Kerner

Charlotte, N.C., Dec. 18 - Microtune, Inc. shareholders led by Ramius, Inc. reported a 6.9% ownership stake following the purchase of 2,460,648 shares between Oct. 13 and Dec. 17, according to a schedule 13D filed on Friday with the Securities and Exchange Commission.

Ramius beneficially owns 3,677,148 shares of the Plano, Texas, company's outstanding stock.

Microtune designs and markets radio frequency integrated circuits and subsystem module solutions for the cable, automotive entertainment electronics and digital television markets.

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