Eric Bannasch’s Cadian Capital Lowers Stake in LogMeIn

In a newly amended 13G filing with the SEC, Eric Bannasch‘s Cadian Capital has disclosed lowering its position in LogMeIn Inc (NASDAQ:LOGM) to 9.7% of its outstanding shares. In its last 13F filing over the summer, Cadian reported a stake in excess of 10%, totaling 3.6 million shares. The hedge fund now holds just over 2.3 million shares of LogMeIn stock.


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