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Charles River owns 5.1% of Verenium
By Lisa Kerner
Charlotte, N.C., March 12 - Verenium Corp. investors led by Charles River Partnership XII, LP bought 439,941 shares of the company's stock on Feb. 29 at an average price of $2.87 per share.
The investors also purchased 409,864 shares on March 3 at an average price of $3.00 per share.
Charles River and its affiliates beneficially own 3,235,831 shares, or 5.1%, of the company's outstanding stock.
Based in San Diego, Verenium is a developer of specialty enzymes used in alternative fuel, industrial, health and nutrition processes.
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