Carlos Slim Buys 458K Shares of Saks (SKS)
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In a Form 4-K on Saks (NYSE: SKS), billionaire Carlos Slim announced that he purchased 458,200 shares on 10/6, bringing his stake to 16,310,000 shares.
Saks Incorporated, a fashion retail company, together with its subsidiaries, operates fashion retail stores under the brand names of Saks Fifth Avenue (SFA), Off Fifth, and Club Libby Lu (CLL) offering a range of luxury fashion apparel, shoes, accessories, jewelry, cosmetics, and gifts.
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