19
May
14:25
US' Synalloy continues battle for company control
US specialty steel tubing producer Synalloy is again urging its shareholders to reject what amounts to a hostile takeover of the company, Kallanish reports.
Shareholders Privet Fund Management and UPG Enterprises have been urging shareholders to vote in a new slate of its nominated directors and effectively oust the company’s current leadership. The two organisations together ownround 25% of the company's stock.
The company’s annual sharehol…
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Anonymous
Very good overview of the weekly steel market.
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