Loeb Partners' interest in Ark Restaurants dips below 5%

By Lisa Kerner

Charlotte, N.C., Nov. 20 - Ark Restaurants Corp. investors led by Loeb Partners Corp. sold 88,561 shares of the company's stock between Oct. 28 and Nov. 18.

The shares were priced from $9.9996 to $13.0319 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.

Loeb beneficially owns 176,790 shares, or 4.92%, of the New York-based restaurant operator's outstanding stock.

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