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Bear Stearns Asset Management cuts stake in Mothers Work, others
August 13, 2007 / 11:25 AM / 10 years ago

Bear Stearns Asset Management cuts stake in Mothers Work, others

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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