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GenTek investors report share purchases
By Lisa Kerner
Charlotte, N.C., Feb. 19 - A group of GenTek Inc. investors led by Abrams Capital Partners II, LP bought 150,489 shares of the company's stock for about $2.11 million, or an average of $13.99 each, on Feb. 17 and Feb. 18.
Abrams Capital beneficially owns 2,279,184 shares, or 21.06%, of GenTek's outstanding stock, according to a schedule 13D/A filed with the Securities and Exchange Commission.
GenTek is a Parsippany, N.J., manufacturer of industrial components and performance chemicals.
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