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9 Aug 2007, 5:17 am
The steel services company Ryerson on Wednesday defended its $1 billion deal to be bought by Platinum Equity, despite opposition from a hedge fund, Harbinger Capital Partners, and said it had extensive discussions with potential buyers. [read post]
24 Jul 2007, 8:13 am
Ryerson, a steel services company that has been under pressure from shareholder activists to sell itself, agreed Tuesday to a buyout by Platinum Equity for about $1 billion. [read post]