GenCorp investor Castlerigg buys 4,720,991 shares

By Lisa Kerner

Charlotte, N.C., Jan. 6 - Castlerigg Master Investments acquired 4,720,991 shares of GenCorp Inc. common stock and $2 million of the company's 2.25% convertible subordinated notes due 2024 for a total of $80.17 million.

The notes are convertible into an additional 100,000 shares of GenCorp common stock, according to a schedule 13D/A filed with the Securities and Exchange Commission.

Castlerigg has an 8.2% stake in the Rancho Cordova, Calif., defense products manufacturer.

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