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Closely Held Shares

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Closely Held Shares
A term referring to shares held by individuals closely related to a company.

Notes:
Keep in mind lots of small-caps are closely held. Since a large portion of the management's potential for wealth is tied to the stock, you can bet they'll be working very hard to get the stock price up!



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NEW YORK--(BUSINESS WIRE)--December 6, 1995--Lanstar Semiconductor Corporation of Arlington, Texas, a manufacturer of Dynamic Random Access Memory semiconductors and recently licensed by Texas Instruments Incorporated, announced today that it had completed an agreement to exchange its closely held shares with the shares of a publicly traded corporation.
 
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