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Published on 10/8/2009 in the Prospect News Special Situations Daily.

Winmark CEO reports purchase of 24,341 shares, upping stake to 30.3%

By Angela McDaniels

Tacoma, Wash., Oct. 8 - Winmark Corp. chief executive officer John L. Morgan purchased 24,341 shares of the company's stock for $18.38 to $20.90 each.

The purchases were made between Aug. 6 and Oct. 7, according to a schedule 13D/A filing with the Securities and Exchange Commission.

Morgan beneficially owns 1,585,834 shares, or 30.3%, of the Minneapolis-based retail store franchiser.


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