	edelman group cuts burlington bur stake new york investor asher edelman and dominion textile inc dtx t who are currently seeking to uire burlington industries inc in a hostile tender offer said they lowered their stake in the company in a filing with the secruties and exchange commission the edelman dominion group known as samjens usition corp said it sold options to buy burlington common shares reducing its stake in the company to shares or pct from shares or pct the group said the sale which represented all the burlington options it owned was made may for mln dlrs the edelman dominion group last week sweetened its hostile tender offer to dlrs a share after burlington agreed to a leveraged buyout by a morgan stanley and co backed group for dlrs a share but the edelman dominion group which has litigation pending against burlington also said it has held talks with morgan stanley about the possibility of settlement of outstanding matters among it morgan stanley and burlington reuter 
