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Phil Knight sells $150 million in Nike stock

October 21, 2009

MSN Money reports, “Nike Inc. co-founder and Chairman Phil Knight has sold more than $150 million of Nike stock in the past week, according to documents filed with the U.S. Securities and Exchange Commission on Tuesday. Knight sold 2.3 million shares for prices ranging between $64.13 and $66.34 starting Oct. 14.”

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