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Non-Tech : Sports Authority (TSA)
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To: Art Baer who wrote ()7/7/1998 3:59:00 PM
From: NewsTrader  Read Replies (1) of 94
 
Greenway Partners L.P. lifted its stake in Venator Group Inc. (Z) to 6.3%, and pushed the firm's management to alter the structure of its proposed acquisition of Sports Authority Inc. (TSA) to be completed with cash instead of Venator stock. While Greenway supports the merger in concept, they believe it would dilute Venator shares. Greenway recently purchased an additional 256,900 shares at $18.50 to $19.88 per share between 6/17/98 and 6/30/98.
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