30
Jun
09:32
Universal Stainless rejects tie-up approach by Synalloy
Universal Stainless and Alloy has rejected an offer by Synalloy Corporation for a proposed business combination the company tells Kallanish.
Universal’s board of directors, “… after deliberation and careful consultation with its independent financial and legal advisors, unanimously rejected an unsolicited offer by Synalloy Corporation for a proposed business combination,” the US stainless specialist says in a note.
“The Universa…
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Anonymous
Very good overview of the weekly steel market.
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