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Cardinal Capital increases stake in infoUSA

Published on .

Greenwich, Conn.—Cardinal Capital Management and an affiliate have increased their stake in database giant infoUSA to 6.4%. The affiliate, Cardinal Value Equity Partners, was one of the shareholders that sent a letter to infoUSA six months ago expressing concern about Chairman-CEO Vin Gupta’s bid to take the company private. Cardinal Capital now holds 3,262,790 shares, or 6.1%, and Cardinal Value Equity Partners has 154,500 shares, or 0.29%.

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