Ryerson Inc. Acquired by Platinum Equity

Ryerson's shares of commone stock will no longer be traded on NYSE

Ryerson Inc, a distributor and processor of metals in North America, announced on Oct. 17 its stockholders approved a merger with Platinum Equity, LLC.

Ryerson will become a wholly-owned subsidiary of Rhombus Holding Corp. Rhombus is owned by a private investment fund affiliated with Platinum Equity. Ryerson's shares of common stock will cease trading on the NYSE as of Oct. 18, 2007.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish