Archive for January 2nd, 2007
Nucor takeover of Harris Steel starts this years round of consolidation
The first business day of 2007 produced the year’s first U.S. takeover of a Canadian corporation as Harris Steel Group Inc. (TSX:HSG) forged a deal to be taken over by Nucor Corp. for $1.25 billion in cash.
Shareholders in Harris Steel, which is controlled by its founding family, are being offered $46.25 a share in the [...]
Posted: January 2nd, 2007 under Steel International, Steel News.
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