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Wolverine completes initial phase of recapitalization plan.

Publication: Metal Center News
Publication Date: 01-MAR-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Wolverine completes initial phase of recapitalization plan.(METAL INDUSTRY NEWS)

Article Excerpt
Wolverine Tube Inc., Huntsville, Ala., has closed the $50 million investment by Plainfield Special Situations Master Fund Ltd. and The Alpine Group Inc. as part of the preferred stock purchase agreement previously announced. The closing of the investment results in the issuance of 50,000 shares of preferred stock.

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