Barington raises stake in A. Schulman to 9.21%

By Jennifer Chiou

New York, Oct. 9 - A. Schulman, Inc. investors led by Barington Cos. Equity Partners, LP, Barington Investments, LP and Barington Cos. Offshore Fund, Ltd. purchased an additional 29,600 shares of the company on Aug. 16 at $19.32 per share, according to a schedule 13D filing with the Securities and Exchange Commission.

The investors now beneficially own 2,511,162 shares, or 9.21%, of A. Schulman's stock.

Based in Akron, Ohio, the company manufactures and sells plastic resins and plastic compounds, including engineered flame retardant compounds, thermoplastic elastomers and nylon compounds.

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