16
Apr
15:43
US' Synalloy pushes for conservative board vote
US specialty steel and chemicals firm Synalloy is again urging its shareholders to reject what it characterises as a hostile takeover by two large shareholders, Kallanish reports.
Privet Fund Management and UPG Enterprises together hold about 25% of Synalloy’s stock. The investment funds have denied wanting to take over the company - however, they are urging other shareholders to vote in a new slate of their nominated directors that would effectively g…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
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