Jove Partners ups stake in Lifetime Brands to 6.3%

By Lisa Kerner

Charlotte, N.C., Aug. 28 - Jove Partners LP bought 102,689 shares of Lifetime Brands, Inc. stock between June 22 and Aug. 24, priced from $18.08 to $21.09 each.

The reporting persons own 840,000 shares, or about 6.3%, of the Westbury, N.Y., branded consumer products company, according to a schedule 13D filing with the Securities and Exchange Commission.

According to the filing, the reporting persons originally purchased shares as an investment, but have "engaged in discussions with management, members of the board of directors, other shareholders of the issuer and other relevant parties concerning, among other things, the business, operations, management, strategy, board composition and future plans of the issuer, and may do so again in the future."

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