13D Filing: Bruce Berkowitz’s Fairholme Lifts Stake in MRC Global Inc. (MRC)

Page 4 of 9 SEC Filing

CUSIP No.
55345K103
Item 1.
Security and Issuer.
The name of the issuer is MRC Global Inc. (the “Issuer”).  The address of the Issuer’s offices is 2 Houston Center, 909 Fannin Street, Suite 3100, Houston, Texas 77010.  This Schedule 13D relates to the Issuer’s Common Stock, par value $0.01 per share (the “Shares”).
Item 2.
Identity and Background.
(a-c, f) This Schedule 13D is being filed jointly by Fairholme Capital Management, L.L.C. (“Fairholme”), a Delaware limited liability company and Bruce R. Berkowitz, a United States citizen (collectively with Fairholme, the “Reporting Persons”).
The principal business address of the Reporting Persons is 4400 Biscayne Boulevard, 9th Floor, Miami, FL 33137.
Bruce R. Berkowitz is the control person of the sole member of Fairholme, an investment management firm that serves as the investment adviser to various advisory accounts.
(d) None of the Reporting Persons has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) None of the Reporting Persons has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or state securities laws or finding any violation with respect to such laws.
Item 3.
Source and Amount of Funds or Other Consideration.
The funds for the purchase of the Shares came from the working capital of the advisory accounts over which Bruce Berkowitz, through his role at Fairholme, exercises investment discretion.
No borrowed funds were used to purchase the Shares.

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