Berkshire Bancorp director reports 54.5% stake in company

By Lisa Kerner

Charlotte, N.C., April 11 - Berkshire Bancorp Inc. director Moses Marx reported the purchase of 89,611 shares of the company's stock between March 13 and April 4 priced from $14.00 to $14.75 per share.

Marx beneficially owns some 3.84 million shares, or 54.5%, of the New York-based bank holding company, according to a schedule 13D filing with the Securities and Exchange Commission.

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