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Redstone sells more shares of WMS Industries, dropping stake to 4.9%
By Lisa Kerner
Charlotte, N.C., April 13 - Sumner M. Redstone's National Amusements, Inc. sold 445,000 shares of WMS Industries, Inc. on April 9.
The shares were priced from $23.90 to $24.39 each, according to a schedule 13D/A filed on Monday with the Securities and Exchange Commission.
On April 8, Redstone sold 1,137,600 shares and had a 5.8% ownership interest in WMS Industries, a prior SEC filing said.
Redstone beneficially owns 2,414,955 shares, or 4.9%, of WMS Industries, a Waukegan, Ill., gaming machines company.
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