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Atlas Air investors HMC, Harbinger sell shares, reduce ownership to 4%
By Lisa Kerner
Charlotte, N.C., Sept. 16 - Investors led by HMC Atlas Air, LLC and Harbinger Capital Partners Special Situations Fund, LP sold 304,919 shares of Atlas Air Worldwide Holdings, Inc. between Sept. 11 and Sept. 15 priced from $29.27 to $29.67 each, according to a schedule 13D/A filed with the Securities and Exchange Commission on Wednesday.
From Sept. 8 to Sept. 10, HMC and Harbinger sold 1,909,810 shares and kept a 5.4% stake, a prior SEC filing said.
The investors beneficially own 836,500 shares, or 4.0%, of the Purchase, N.Y.-based provider of air cargo and related services.
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