Fred Alger Management Discloses 10.08% Stake in Taleo (TLEO)
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In a 13G filing on Taleo Corp. (Nasdaq: TLEO), Fred Alger Management disclosed a 10.08% stake (2,625,00 shares) in the company. At the quarter ended March 31, 2008, the firm showed a 2,588,463 share stake in Taleo. A 13G indicates a 'passive investment'.
Taleo Corporation provides talent management software solutions worldwide.
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