Avaya Inc.: Value Act Capital Cuts Stake to 3.9%
May 22, 2007
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In an amended 13D filing after the close Friday on Avaya Inc. (AV), Value Act Capital disclosed a 3.9% stake (17.7 million shares) in the company. This is down from the 27 million shares stake the firm held at the quarter ended March 31, 2007.
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