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Scailex investors led by Tao Tsuot increase stake in company to 14.72%
By Lisa Kerner
Charlotte, N.C., March 23 - Scailex Corp. Ltd. shareholders led by Tao Tsuot Ltd. purchased 625,125 ordinary shares of the company's stock from March 1 through March 21, according to a schedule 13D filing with the Securities and Exchange Commission.
The shares were priced from $8.04 to $8.57.
Tao Tsuot beneficially owns 5,603,071 ordinary shares, or 14.72%, of the Israel-based digital systems development company. Tao Tsuot bought the shares for investment purposes, the filing stated.
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