Tuesday, July 24, 2007

UPDATE 2-Ryerson to go private for $1.06 billion

(Reuters) - Ryerson said the private equity firm would pay $34.50 per
share, below the company's Monday closing stock price of
$34.96.




Hedge fund Harbinger Capital Partners, which announced in
December that it owned Ryerson shares and was considering a
variety of actions, said on Tuesday that it was unhappy with
the terms.


Read more at Reuters.com Bonds News

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