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GS Industries Makes Announcement.

Publication: Business Wire
Publication Date: 21-MAY-02
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors

CHARLOTTE, N.C.--(BUSINESS WIRE)--May 21, 2002

GS Industries, Inc. announced that Midcoast Industries, LLC submitted the highest and best offer to purchase substantially all of the assets of its wholly-owned subsidiary Georgetown Steel Corporation.

The Midcoast Offer was received during an auction held on May 20, 2002, pursuant...

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