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Prospect News home > News index > List of issuers O > Headlines for Owens Corning > News item
Published on 5/28/2008 in the Prospect News Special Situations Daily.

D.E. Shaw sells close to 6 million shares of Owens Corning

By Lisa Kerner

Charlotte, N.C., May 28 - Affiliates of D.E. Shaw & Co., LP sold 5,912,000 shares of Owens Corning on May 21 priced from $27.00 to $27.96 per share, according to a schedule 13D filing with the Securities and Exchange Commission.

The investors beneficially own some 14.45 million shares, or 10.9%, of the Toledo, Ohio, building products company.


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