Aletheia Research reports 34.27% stake in WorldSpace

By Lisa Kerner

Charlotte, N.C., Feb. 14 - WorldSpace, Inc. investor Aletheia Research & Management, Inc. reported the sale of 1,101,643 shares of the company's stock between Dec. 10 and Jan. 4.

The shares sold for $0.98 to $2.56 each, according to a schedule 13D filing with the Securities and Exchange Commission.

The investor beneficially owns 14,556,514 shares, or 34.27%, of the Silver Springs, Md., satellite-based radio and broadcasting services company's outstanding stock.

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