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Century Bancorp shareholder Sandler cuts ownership interest to 8.74%
By Lisa Kerner
Charlotte, N.C., Oct. 21 - Investors led by Sandler O'Neill Asset Management, LLC sold 52,050 shares of Century Bancorp Inc. between Aug. 21 and Oct. 13 priced from $22.96 to $24.62 each, according to a schedule 13D/A filed on Wednesday with the Securities and Exchange Commission.
The investors beneficially own 306,300 shares, or 8.74%, of the Medford, Mass., bank holding company's outstanding stock.
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