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03 Apr
15:08

Synalloy moves to freeze takeover attempt

US specialty pipe and chemicals producer Synalloy is reviewing a slate of “...strategic alternatives” in the face of the Covid-19 pandemic and a hostile takeover attempt, Kallanish reports.  “The board believes that ensuring a stable business and management continuity during this period of extreme market volatility, and then commencing a comprehensive review of strategic alternatives in a more secure market environment, offers the most prude…
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