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Published on 7/22/2009 in the Prospect News Special Situations Daily.

Winmark CEO buys additional shares, boosts ownership interest to 28.9%

By Lisa Kerner

Charlotte, N.C., July 22 - Winmark Corp. chief executive officer John L. Morgan bought 23,003 shares of the company's stock between May 19 and July 2 at prices from $12.60 to $18.55 each, according to a schedule 13D/A filed with the Securities and Exchange Commission on Wednesday.

Morgan beneficially owns 1,534,593 shares, or 28.9%, of the Minneapolis-based retail store franchiser.


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