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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: jeffbas who wrote (9853)2/2/2000 4:49:00 PM
From: cfimx  Respond to of 78481
 
jeffrey, I got it from Dow Jones. So let me post it i hope legally.

Grp To Explore Strategic Options For Steelcase Invest

WASHINGTON -- A group including self-employed investor Peter M. Wege, of Grand Rapids, Mich., intends to explore strategic alternatives with respect to its holdings in Steelcase Inc. (SCS).

In a filing with the Securities and Exchange Commission, the group said it currently holds 30.03 million Class A common shares, representing about 54.1% of the company's issued and outstanding Class A and Class B shares, assuming conversion of the Class B shares held.

Based in Grand Rapids, Steelcase provides office furniture, office furniture systems and related products and services.

-Humberto Sanchez; Dow Jones Newswires; 202-862-9251