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Prospect News home > News index > List of issuers K > Headlines for KapStone Paper and Packaging Corp. > News item
Published on 8/20/2009 in the Prospect News Special Situations Daily.

KapStone Paper president buys 100,000 shares, increases stake to 6%

By Lisa Kerner

Charlotte, N.C., Aug. 20 - Matthew Kaplan bought 100,000 shares of KapStone Paper and Packaging Corp. on Aug. 7 for $5.10 each, according to a schedule 13D/A filed on Thursday with the Securities and Exchange Commission.

Kaplan, a director and the Northfield, Ill.-based company's president and secretary, beneficially owns 1,712,342 shares, or 6%, of KapStone's outstanding stock.

KapStone produces and sells unbleached kraft paper and lightweight linerboard and dunnage bags.


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