SAC Capital Discloses 6.2% Stake in Casual Male (CMRG)

November 27, 2006 2:27 PM EST
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In a 13G filing on Casual Male Retail Group Inc. (Nasdaq: CMRG), SAC Capital disclosed a 6.2% (2.18 million shares) stake in the company. This is up from the 885,420 share stake the firm disclosed for the quarter ended September 30th. The firm also owns debt in CMRG.

Casual Male is the largest retailer of big and tall men's apparel with retail operations throughout the United States, Canada and London, England.

Run by Steven A. Cohen, SAC Capital is one of the world's largest and most powerful hedge funds.

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