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Published on 3/14/2008 in the Prospect News Special Situations Daily.

Schultze Asset Management owns 1.38 million shares of Footstar

By Lisa Kerner

Charlotte, N.C., March 14 - Investors led by Schultze Asset Management, LLC bought 284,200 shares of Footstar, Inc. stock between Feb. 29 and March 13 priced at $4.25.

The investors beneficially own 1,389,497 shares, or 6.6%, of the company's outstanding stock, according to a schedule 13D filing with the Securities and Exchange Commission.

Footstar is discount footwear company based in Mahwah, N.J.


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