Investment Firm FMR Ups Stake In Sybron
FMR Corp., the owner of mutual fund manager Fidelity Investments, said it has upped its stake in Orange-based Sybron Dental Specialties Inc.
FMR’s stake in the dental products maker climbed to 10.3%, or 3.9 million shares. In February, FMR said it owned 9.9% of the company’s stock.
The mutual fund manager still is Sybron’s second largest shareholder after Ariel Capital Management Inc., which holds about 5.7 million shares. Other big investors include Putnam Investment Management Inc. and Allianz Dresdner Asset Management of America Inc.
Sybron was spunoff in late 2000 from what’s now Portsmouth, N.H.-based Apogent Technologies Inc.
