Bear Stearns Asset Management cuts stake in Mothers Work, others

Mon Aug 13, 2007 7:21am EDT

Aug 13 (Reuters) - Bear Stearns Asset Management Inc. BSC.N reduced its stake in maternity apparel retailer Mothers Work Inc. MWRK.O to 2.1 percent from 8.3 percent.

In a filing with the U.S. Securities and Exchange Commission, the investment management unit of Bear Stearns said it also liquidated its stake in Interstate Hotels & Resorts Inc IHR.N, and cut its stake in Meadowbrook Insurance Group (MIG.N) to 2.5 percent from 7.6 percent. (Reporting by Bhaswati Mukhopadhyay in Bangalore)

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