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SHOPPING CART: PENSKE TO SELL SHARES, CART TO OFFER MORE

          CART co-Founder Roger Penske is selling 700,000 of the
     800,000 shares he holds in CART, reducing his ownership
     stake from 5.3% to "less than" 1%, according to Bill Koenig
     of the INDIANAPOLIS STAR-NEWS.  Penske, who is "redeploying
     assets for a number of reasons," saw the value of the stock
     he is currently selling "go up nearly" $9M in the past year
     alone.  Shares of CART are currently worth $28.94 each, an
     81% increase over the organization's IPO of $16 per share. 
     Koenig also lists other CART shareholders who are also
     selling large blocks of shares (STAR-NEWS, 4/15).  CART
     "plans to sell" 2.1 million shares to the public, with any
     proceeds from the sale of 279,975 of those shares -- the
     over-allotment granted to the underwriter -- to be used for
     "general corporate purposes."  The sale is expected to be
     completed by the end of June (DETROIT FREE PRESS, 4/15).

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