Archive for January 18th, 2006
More on Stelco
TORONTO — An Ontario court delayed by one day yesterday a decision on whether to approve Stelco Inc.’s restructuring plan, after lawyers for the steel maker’s shareholders said there may be a better option.
Under the current plan, which was overwhelmingly approved by creditors more than a month ago, Stelco’s existing shareholders would get nothing because [...]
Posted: January 18th, 2006 under Steel.
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