Griffin's Citadel Boosts Stake in Olympic Steel (ZEUS) to 5.1%
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In a 13G filing this morning on Olympic Steel, Inc. (Nasdaq: ZEUS), Ken Griffin's Citadel Investment Group disclosed a 5.1% stake (551,790 shares). The firm held 369,775 shares of ZEUS at the quarter ended March 31, 2008.
Olympic Steel, Inc. engages in the processing and distribution of processed carbon, coated and stainless flat-rolled sheet, and coil and plate steel products in the United States.
Citadel Investment Group LLC is a multi-billion dollar hedge fund, founded by Kenneth Griffin in 1990. The company deploys its capital across a highly diversified set of proprietary investment strategies in nearly all major asset classes.
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