CORADIAN <CDIN.O> STAKE ACQUIRED BY SAGE
Coradian Corp said a group led by
privately held Sage Equities Group agreed to buy a 7.6 pct
interest in Coradian.
    In connection with the agreement, the company said it sold
666,667 shares at 75 cts a share.
    It said that in addition to common stock, Sage Equities
will receive 667,667 warrants exercisable at 1.50 dlrs a share.
 Reuter
