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Sullivan reports 9.6% stake in Primus Telecommunications
By Lisa Kerner
Charlotte, N.C., Dec. 18 - Primus Telecommunications Group, Inc. investor Sean O'Sullivan purchased a total of 994,999 shares of the company's stock for $447,749.55 as an investment.
The shares were acquired on Nov. 29 and Nov. 30 priced at an average of $0.45 each, according to a schedule 13D filing with the Securities and Exchange Commission.
Sullivan owns 13.63 million or 9.6% of the Mclean, Va.-based integrated communications services company.
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