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Esmark's Sparrows Point agreement terminated.

Publication: Metal Center News
Publication Date: 01-JAN-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Esmark's Sparrows Point agreement terminated.(METAL INDUSTRY NEWS)

Article Excerpt
Esmark's plan to add Sparrows Point to its mill and distribution holdings has been derailed, at least temporarily.

ArcelorMittal, which owns the Maryland mill, has terminated its agreement to sell the facility to E2 Acquisition Corp., an Esmark-led joint venture. ArcelorMittal cited E2's failure to secure financing for its...

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