Tuesday, July 24, 2007

Ryerson to go private for $1.06 billion

(Reuters) - The purchase price is a 15 percent premium to the $30.01 at which shares traded on February 13, the day before the company said it as considering strategic options, Ryerson said.




The company said the deal was worth $2 billion. The equity value of the deal is $1.06 billion based on the company's most recently reported shares outstanding.


Read more at Reuters.com Mergers News

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