Posted in | News | Ferrous Alloys and Metals | Iron and Steel

Harris Steel Enters into Negotiations That May Result in Its Sale

Dec 11 2006

Harris Steel Group Inc. today announced that the Company has entered into preliminary discussions with a third party that may or may not lead to a sale of the Company. In connection therewith, the Company has established a special committee of independent directors to oversee the pursuit of this transaction and has retained GMP Securities L.P. as its financial advisor. There can be no assurance that any agreement will result from these efforts or that any transaction will be completed.

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