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29 Jun
20:37

Ampco files rights offering for shareholders

US mill roll supplier Ampco-Pittsburgh Corp. (Ampco) has filed a registration statement with the Securities and Exchange Commission for a rights offering. The company plans to offer shareholders non-transferable subscription rights to purchase up to $20 million in units of common stock, Kallanish reports. Each shareholder will receive one subscription right for each share of common stock owned. However, the number of shares included in a unit, the number of shares…
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