Trade Resources Industry Views Reliance Steel Has Acquired Metals USA for US$20.65 Per Share in Cash

Reliance Steel Has Acquired Metals USA for US$20.65 Per Share in Cash

Reportedly, Reliance Steel & Aluminum, California-based service center has acquired Metals USA for US$20.65 per share in cash. Accordingly, Metals USA has become a wholly-owned subsidiary of Reliance Steel & Aluminum. Besides, the merger brings a total of 48 service centers throughout the US to Reliance Steel & Aluminum.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63963&division=A9
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Reliance Steel & Aluminum Completes Acquisition of Metals USA
Topics: Metallurgy