* Newstin.com is for sale! * After achieving our strategic milestone, we are offering for sale: Newstin.com and all 14 related domains featuring 1 million unique visitors per month + continuously updated news database of 37 million articles in 12 world languages from 166,000 global and weighted sources + 2.1 billion metadata * To seize this unique chance, contact invest@newstin.com. * Newstin.com is for sale! *

Reliance Steel cancels 6.8 million share offering

LOS ANGELES - Reliance Steel & Aluminum Co. said Friday it has canceled a previously announced stock offer of around 6.8 million shares because of market conditions. The company, which provides metals processing services, expected to use funds from the offering for its pending acquisition of PNA Group Holding Corp. The company expects to complete the purchase of PNA in August and will fund it with proceeds from a loan and borrowings under its existing revolving credit... [read full story]                    

Add Comment
There are also 3 related articles
View all news articles about*:
*Newstin tag cloud displays all featured persons, associated organizations, related topics, regions and companies