Ryerson agrees to $1B acquisition bid
Ryerson Inc. said it has agreed to be acquired for $1.06 billion in cash from private equity firm Platinum Equity. The metals distributor and processor's largest shareholder, Harbinger Capital Partners, said it is "disappointed in the price," although one steel industry analyst said the price is fair, and the company isn't likely "to do better than this."
Washington Post, The | 07/24
This story published in NAW SmartBrief on 07/30/2007
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