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Luby's executives up stake in company to 14.2%
By Lisa Kerner
Charlotte, N.C., Jan. 24 - Luby's, Inc. investor Pappas Restaurants Inc. reported the purchase of 600,000 shares of the company's stock on Jan. 22, according to a schedule 13D filing with the Securities and Exchange Commission.
Harris James Pappas, Luby's chief operating officer and Luby's president and chief executive officer Christopher James Pappas, are sole stockholders of Pappas Restaurants. Each beneficially own some 14.2% of Luby's.
Luby's is a Houston-based restaurant operator.
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