Steel Partners sells off shares of Mueller Water

By Lisa Kerner

Charlotte, N.C., Aug. 10 - Mueller Water Products, Inc. investor Steel Partners II, LP sold 3,269,223 shares of the company's stock from June 29 to Aug. 10 priced from $11.75 to $15.00 per share, according to a schedule 13D filing with the Securities and Exchange Commission.

Steel Partners owns 3,094,955 shares of the Atlanta-based company, or 3.6% of its outstanding stock. Mueller manufactures infrastructure and flow-control products for water distribution networks and treatment facilities.

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