Tuesday, October 17, 2006

ZF Partners Raises Stake in Saba Software (SABA) to 6.7%

In an amended 13D filing on Saba Software, Inc. (NASDAQ: SABA), ZF Partners disclosed they raised their stake in the company to 6.7% (1.92 million shares). The investment firm said between June 30, 2006 and October 10, 2006, they acquired an additional 420,500 shares of Common Stock in open market purchases in a price range of $5.0854 to $5.20 per share, at an average purchase price of $5.1944 per share.

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