Digital On-Demand continues to build stake in Source Interlink

By Lisa Kerner

Charlotte, N.C., June 16 - Investors led by AEC Associates, LLC and Digital On-Demand, Inc. bought approximately 4.04 million shares of Source Interlink Co., Inc., upping their interest in the company to 41.5%, from 38.6% on June 9.

The shares were acquired between June 9 and June 16 priced from $1.24 to $1.99 each, it was reported in a schedule 13D filed with the Securities and Exchange Commission.

The investors beneficially own 21,731,568 shares of the Bonita Springs, Fla., entertainment products merchandising company.

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