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Blue Harbour Trims ChoicePoint Stake



By AP
15 April 2008 @ 08:17 am EST

NEW YORK - Blue Harbour Group LP said Tuesday it cut its stake in ChoicePoint Inc., a provider of consumer information, to 4.8 percent, according to a filing with the Securities and Exchange Commission.

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The Greenwich, Conn.-based fund manager, through its affiliated funds, now owns about 3.3 million shares. Previously, Blue Harbour reported owning about 3.9 million shares, or a 5.5 percent stake in the Alpharetta, Ga.-based company.

ChoicePoint shares closed Monday at $48.24.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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