John W. Klug, chairman of American Pacesetter,...
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John W. Klug, chairman of American Pacesetter, cut his stake in Newport Beach subsidiary Pacesetter Homes Inc. from 41.8% to 40.5%, or 625,099 shares, the company told the Securities and Exchange Commission.
Klug also donated 20,000 shares to the USC, according to an SEC filing.
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