GOTTSCHALKS SHARES SOLD BY SINGAPORE

Byline:

WASHINGTON — The government of Singapore has sold 100,000 shares of Gottschalks Inc., reducing its stake in the department store to 4.4 percent from 5.4 percent, according to a Securities and Exchange Commission filing.
Singapore agencies acquired the holding in the Fresno, Calif.-based department store during 1993 at prices of $6.81 to $7.88 per share. In mid-January, they sold the shares for $6.63.

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