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STG UGP buys 386,001 shares of Chordiant Software
By Lisa Kerner
Charlotte, N.C., Aug. 20 - Investors led by STG UGP, LLC upped their ownership of Chordiant Software, Inc. to 9.3% from their initial 7.6% stake reported on June 12.
According to a schedule 13D filed with the Securities and Exchange Commission, STG UGP acquired 386,001 shares on June 19 and Aug. 19 priced at $5.47 and $5.95, respectively.
STG UGP beneficially owns 2,803,175 shares of the Cupertino, Calif., software company.
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