German investor buys more than 1 million shares of USG

By Lisa Kerner

Charlotte, N.C., Dec. 28 - USG Corp. investors led by Gebr. Knauf Verwaltungsgesellschaft KG increased their stake in the company to 13.10% from 11.96% with the purchase of an additional 1,143,500 shares of the company's stock.

The stock was acquired between Dec. 12 and Dec. 28 and was priced from $35.21 to $36.48 per share, according to a schedule 13D filing with the Securities and Exchange Commission.

The reporting persons beneficially own 12,990,728 shares of USG common stock.

On Sept. 21, the German investor reported a 10.91% stake in USG.

USG is a Chicago-based building materials company.

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