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Britain''s EMR acquires 15% holding in MMI.

Publication: American Metal Market
Publication Date: 04-JUN-03
Format: Online
Delivery: Immediate Online Access
Full Article Title: Britain''s EMR acquires 15% holding in MMI.(European Metal Recycling Ltd.; Metal Management Inc.)

Article Excerpt
PHILADELPHIA -- European Metal Recycling Ltd. (EMR) has acquired a 14.8-percent stake in Metal Management Inc. (MMI), the Chicago-based scrap processor and exporter.

The British company filed a Schedule 13D Monday with the U.S. Securities and Exchange Commission disclosing that it owned 1.5 million common shares of Metal Management. The British scrap metal processor and exporter said it bought...

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