Tisch Group Sells Block of BayBanks

A group led by CBS chairman Laurence Tisch revealed Tuesday that it had sold 7% of its holdings in Boston-based BayBanks Inc., or 114,100 shares.

In a Securities and Exchange Commission filing, the group said it sold the shares in June, at prices ranging from $13.44 to $17.18 a share, roughly in the same range as they were purchased.

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