German investor ups stake in USG

By Lisa Kerner

Charlotte, N.C., Dec. 3 - USG Corp. investors led by Gebr. Knauf Verwaltungsgesellschaft KG upped their stake in the company to 11.96% from 10.91% with the purchase of 1,054,200 additional shares of the company's stock.

The stock was acquired between Oct. 18 and Nov. 29 and was priced from $35.15 to $36.00 per share, according to a schedule 13D filing with the Securities and Exchange Commission.

The reporting persons beneficially own 11,847,228 shares of USG common stock.

USG is a Chicago-based building materials company.

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