TROY, Mich. (Aug. 6)—Heartland Industrial Partners L.P., the largest shareholder in Collins & Aikman Corp., said the investment firm and two of its directors may seek to purchase up to 5 million additional shares of the automotive supplier's common stock. David A. Stockman, who recently became Collins & Aikman's non-executive chairman, and Daniel P. Tredwell, another director on the company's board, plan to increase their individual holdings. Their plan to infuse more capital into the firm comes only four days after Thomas E. Evans unexpectedly resigned as CEO and chairman of the manufacturer.
Heartland, two directors to increase holdings in Collins & Aikman
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