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Ryerson Inc Proxy Fight Stepped Up.

Publication: M2 Presswire
Publication Date: 29-JUN-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 June 2007-HEADLINES: Ryerson Inc Proxy Fight Stepped Up(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:29062007

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Activist fund Harbinger Capital on Thursday 2007-06-28 stepped up its battle for control of steel services company Ryerson Inc. by nominating seven candidates for its board of directors in a proxy filing.

Harbinger, which in January indicated it would start the proxy fight, said in the filing that Ryerson has significantly lagged its peers in profitability and efficiency and that its board members would provide the experience and discipline...

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