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New Mountain sells 591,908 shares of Source Interlink, keeps 4.3% interest
By Lisa Kerner
Charlotte, N.C., Sept. 8 - Source Interlink Co., Inc. investors led by New Mountain Vantage GP, LLC sold 591,908 shares at prices from $1.20 to $1.61 each between Aug. 5 and Sept. 5, according to a schedule 13D filed with the Securities and Exchange Commission.
The investors beneficially own 2,230,747 shares, or 4.3%, of the Bonita Springs, Fla., entertainment products merchandising company.
New Mountain reported a 5.4% stake in Source Interlink on Aug. 6.
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