Pension Fund Trims Stake in Xircom Inc.
A major pension fund has cut its stake in Calabasas-based Xircom Inc. by about 154,200 shares. Between Nov. 2 and 9, the State of Wisconsin Investment Board, which manages funds for Wisconsin state employees, sold off about 1% of its holdings in Xircom and now owns 7.6% of the firm, or 1.1 million common shares. The divested shares were sold for $9 to $9.50 each.
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