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German investor reports 14.5% ownership of USG
By Lisa Kerner
Charlotte, N.C., Jan. 9 - Investors led by Gebr. Knauf Verwaltungsgesellschaft KG increased their stake in USG Corp. to 14.5% from 13.1% with the purchase of an additional 1,367,200 shares of the company's stock.
The shares were acquired between Dec. 31 and Jan. 8 priced from $33.86 to $36.34 each, according to a schedule 13D filing with the Securities and Exchange Commission.
On Sept. 21, the investors reported a 10.91% stake in USG.
The reporting persons beneficially own 14,357,928 shares of the Chicago-based building materials company's outstanding stock.
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