Holding Increased in Publishing Firm
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A New York investment partnership has increased its stake in Hayward, Calif.-based Carolyn Bean Publishing Ltd. to 7.5%, according to a filing with the Securities and Exchange Commission.
On June 1, Petrus Capital Group bought 210,000 shares from Starr Securities Inc. at 62.5 cents each, raising its total stake to 310,000 common shares of the greeting-card publisher and stationary supply firm.
Starr said in a separate filing that it sold the shares to rid itself of the limitations placed on holders of 10% or more of publicly held companies when they buy or sell stock. Starr now owns 290,000 shares or 7.02% of Carolyn Bean Publishing’s common stock.
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