24
Jun
17:07
Synalloy offers olive branch for takeover threat
US specialty pipe and chemical producer Synalloy has signaled that its willing to make some soft compromises to stave off a full-blown hostile takeover of its board, Kallanish reports.
Two shareholders - Privet and UPG - together own about 25% of the company’s stock and have been urging shareholders to vote in their hand-picked slate of five directors, which would effectively give control of the eight-member board to Privet and UPG. Their primary conce…
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Anonymous
Very good overview of the weekly steel market.
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