Amadeusz Juskowiak

Investment group raises robeson rbsn stake

A group of affiliated Miamibased investment firms led by Fundamental Management Corp said it raised its stake in Robeson Industries Corp to 238000 shares or 146 pct of the total from 205000 or 128 pct

In a filing with the Securities and Exchange Commission the group said it bought 32800 Robeson common shares between Jan 26 and Feb 9 for 175691 dlrs

The group said it may buy more shares and plans to study Robesons operations Afterwards it may recommend that management make changes in its operations Fundamental Management Chairman Carl Singer was recently elected to the Robeson board