Monday, March 19, 2007

Tennenbaum Capital Liquidates Large Jo-Ann Stores (JAS) Stake

In an amended 13D filing on Jo-Ann Stores (NYSE: JAS) after the close Friday, Tennenbaum Capital Partners disclosed a 0% stake in the company. This is down from the 2.84 million share stake the firm disclosed for the quarter ended December 31, 2006.

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