TITLE

Nucor to Acquire Magnatrax

PUB. DATE
July 2007
SOURCE
Metal Center News;Jul2007, Vol. 47 Issue 8, p40
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of the minimill steelmaker Nucor Corp. to acquire Magnatrax Corp. in the U.S. The acquisition which is expected to close in 2007 is done through merger and a cash purchase price of $280 million. Dan DiMicco, president of Nucor Corp. said that the acquisition is an important growth opportunity for their company as a core downstream business.
ACCESSION #
25938293

 

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