By  on January 30, 2009

Mexican billionaire Carlos Slim HelU has again increased his holdings in Saks Inc., but is no closer to the 20 percent ownership threshold established when the company deployed a poison pill plan triggered by his actions.

Slim Helú, through his investment trust Inmobiliaria Carso, acquired another 300,000 shares of Saks on Jan. 23 at prices ranging from $2.30 to $2.56 a share, according to a filing with the Securities and Exchange Commission. This boosted his holdings to 25.55 million shares, or 18 percent of the 142.1 million shares outstanding. The investment was just over $700,000, or an average of $2.34 a share.

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