E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/6/2008 in the Prospect News Special Situations Daily.

Elm Ridge continues to invest in KapStone Paper and Packaging

By Lisa Kerner

Charlotte, N.C., Oct. 6 - KapStone Paper and Packaging Corp. investors led by Elm Ridge Capital Management, LLC increased their ownership interest to 22.2%, from 21.1% on Aug. 22, with the purchase of 406,085 shares.

The shares were acquired between Sept. 10 and Oct. 3 at prices from $0.95 to $6.14 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.

KapStone is a Northbrook Ill.-based producer of kraft paper and converter of inflatable dunnage bags.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.