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Published on 7/31/2008 in the Prospect News Special Situations Daily.

SCSF Equities cuts stake in Chesapeake

By Lisa Kerner

Charlotte, N.C., July 31 - Chesapeake Corp. investors led by SCSF Equities, LLC sold 722,378 shares of the company's stock between July 23 and July 30 priced at an average of between $1.74 and $2.05 each.

The purchases were reported in a schedule 13D filing with the Securities and Exchange Commission.

The reporting persons own 1,239,273 shares, or 6%, of the Richmond, Va., specialty paperboard packaging products company.


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