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Prides Capital reports 6.4% ownership of Valassis
By Lisa Kerner
Charlotte, N.C., July 31 - Valassis Communications Inc. investors led by Prides Capital Partners, LLC bought 479,000 shares of the company's stock between July 19 and July 30 priced from $13.37 to $15.24 per share, according to a schedule 13D filing with the Securities and Exchange Commission.
The reporting persons beneficially own 3,085,400 shares, or 6.4%, of the Livonia, Mich.-based marketing company.
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