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Clinton Group continues to build stake in Lenox
By Lisa Kerner
Charlotte, N.C., Sept. 13 - Lenox Group Inc. investors led by Clinton Group, Inc. bought 218,650 shares of the company's stock between Aug. 29 and Sept. 12.
The shares were priced from $4.93 to $5.20 each, according to a schedule 13D filing with the Securities and Exchange Commission.
Clinton and the reporting persons own 2,151,577 shares, or 15.4%, of the Eden Prairie, Minn., gifts and collectibles distributor.
On Aug. 29, Clinton reported owning 1,932,927 shares, or 13.8%, of the company's stock. In an Aug. 15 SEC filing, Clinton reported the purchase of 117,324 Lenox shares and a 12.7% stake in the company. In March, Clinton owned 10.9% of Lenox's outstanding stock, or 1,537,333 shares.
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