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M&A activity heating up.

Publication: Metal Center News
Publication Date: 01-AUG-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: M&A activity heating up.(From the Editor)

Article Excerpt
Coming off one of the metals industry's most profitable years ever, it's no surprise that merger and acquisition activity is heating up among service centers. But is the time right to cash it in?

The number of metal distribution and processing companies up for sale has increased significantly this year, industry executives report.

"The industry has done better in the past year, and owners must guess this is a good time to sell," says Neil Novich at Ryerson Tull. Ryerson is still...

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