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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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