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From the WSJ (subscribers,,BT_CO_20041126_003979,00.html ):

Integra LifeSciences Chmn Enters Forward-Sale Deal
November 26, 2004 4:38 p.m.

WASHINGTON -- A limited partnership affiliated with the chairman of Integra LifeSciences Holdings Corp. (IART) has entered into a forward-sale transaction on 600,000 company shares, the company said on Friday in a filing with the Securities and Exchange Commission..

Integra Chairman Richard E. Caruso entered into the forward-sale transaction on Tuesday, the company said.

...Integra said the transaction was done between Tru St Partnership LP, of which Caruso is a partner and the president, and Credit Suisse First Boston Capital LLC.

Other article points:
- Article states the transaction was done to diversify his portfolio while still benefiting from future stock appreciation.

- Caruso, being a partner of Tru, will benefit because he holds an interest in the partnership.

- Caruso still largest benefical owner even after this transaction.

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