TITLE

STELCO, UNION REACH PACT ON RESTRUCTURING

PUB. DATE
May 2005
SOURCE
Metal Center News;May2005, Vol. 45 Issue 6, p55
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that metal industry firm Stelco Inc., Hamilton, Ontario, has reached an agreement with the United Steelworkers of America on the next steps in its capital raising process and restructuring. The agreement was approved by the Ontario Superior Court of Justice on April 21. Under the terms of the pact, the company and union agreed that management firm Tricap Management Ltd. will be treated as a financial advisor to the union.
ACCESSION #
17173107

 

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